Looking to diversify beyond SICIX? The mutual funds below have historically moved differently from SICIX, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for SICIX
8 mutual funds have low correlation with SICIX (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 0.02, down from 0.35 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| MH Elite Small Cap Fund of Funds Fund | 0.02 | 0.12 | 0.35 | 68 | Diversified Portfolio | SICIX vs MHELX | |
| SEI Multi-Asset Real Return Fund Class A | 0.07 | 0.21 | 0.31 | 86 | Inflation-Protected Bonds | SICIX vs SEIAX | |
| SEI Institutional Managed Trust Multi-Asset Inflat... | 0.09 | 0.20 | 0.30 | 83 | Diversified Portfolio | SICIX vs SIFAX | |
| SEI Institutional Investments Trust Opportunistic ... | 0.17 | 0.22 | 0.26 | 100 | Ultrashort Bond | SICIX vs ENIAX | |
| SEI Daily Income Ultra Short Duration Bond Fund | 0.27 | 0.29 | 0.30 | 97 | Ultrashort Bond | SICIX vs SECPX |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements SICIX
Add SICIX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with SICIX