Looking to diversify beyond SIBAX? The mutual funds below have the lowest correlation with SIBAX — they tend to move on their own, which can help reduce risk when the rest of your portfolio drops. The stock ideas table highlights individual companies that behave independently from SIBAX.
Best Diversifiers for SIBAX
10 mutual funds have low correlation with SIBAX (below 0.3), 0 of which are negatively correlated. The least correlated is MH Elite Small Cap Fund of Funds Fund (MHELX) (Diversified Portfolio) with a 1Y correlation of 0.04, down from 0.46 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| MH Elite Small Cap Fund of Funds Fund | 0.04 | 0.15 | 0.46 | 67 | Diversified Portfolio | SIBAX vs MHELX | |
| Fidelity Advisor Strategic Real Return Fund Class ... | 0.18 | 0.39 | 0.48 | 86 | Diversified Portfolio | SIBAX vs FSIRX | |
| Fidelity Strategic Real Return Fund | 0.19 | 0.39 | 0.48 | 87 | Diversified Portfolio | SIBAX vs FSRRX | |
| Fidelity Advisor Strategic Real Return Fund Class ... | 0.19 | 0.39 | 0.47 | 82 | Diversified Portfolio | SIBAX vs FCSRX | |
| Fidelity Strategic Real Return Fund Class K6 | 0.20 | 0.39 | 0.47 | 88 | Diversified Portfolio | SIBAX vs FSRKX |
See all 31 diversifiers for SIBAX
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements SIBAX
Add SIBAX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with SIBAX