Looking to diversify beyond SICIX? The mutual funds below have the lowest correlation with SICIX — 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 SICIX.
Best Diversifiers for SICIX
5 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 0.00, down from 0.36 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| MH Elite Small Cap Fund of Funds Fund | 0.00 | 0.15 | 0.36 | 67 | Diversified Portfolio | SICIX vs MHELX | |
| SEI Institutional Investments Trust Opportunistic ... | 0.18 | 0.22 | 0.26 | 99 | Ultrashort Bond | SICIX vs ENIAX | |
| SEI Tax Exempt Trust Short Duration Municipal Fund | 0.25 | 0.24 | 0.24 | 90 | Municipal Bonds | SICIX vs SUMAX | |
| Federated Hermes Capital Income Fund | 0.27 | 0.57 | 0.70 | 83 | Diversified Portfolio | SICIX vs CAPAX | |
| SEI Institutional Managed Trust Real Return Fund | 0.27 | 0.47 | 0.49 | 60 | Inflation-Protected Bonds | SICIX vs SRAAX |
See all 403 diversifiers for SICIX
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