Looking to diversify beyond SICNX? The mutual funds below have historically moved differently from SICNX, 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 SICNX
0 mutual funds have low correlation with SICNX (below 0.3), 0 of which are negatively correlated. The least correlated is Federated Hermes International Strategic Value Dividend Fund (IVFIX) (Foreign Large Cap Equities) with a 1Y correlation of 0.48, down from 0.69 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Federated Hermes International Strategic Value Div... | 0.48 | 0.58 | 0.69 | 88 | Foreign Large Cap Equities | SICNX vs IVFIX | |
| Goldman Sachs GQG Partners International Opportuni... | 0.53 | 0.75 | 0.81 | 61 | Foreign Large Cap Equities | SICNX vs GSIMX | |
| Goldman Sachs GQG Partners International Opportuni... | 0.54 | 0.75 | 0.81 | 61 | Foreign Large Cap Equities | SICNX vs GSINX | |
| T. Rowe Price Credit Opportunities Fund | 0.54 | 0.44 | 0.47 | 77 | High Yield Bonds | SICNX vs PRCPX | |
| GQG Partners International Quality Dividend Income... | 0.55 | 0.70 | 0.74 | 71 | Quality Factor, Foreign Large Cap Equities | SICNX vs GQJPX |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements SICNX
Add SICNX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with SICNX