Looking to diversify beyond SIGAX? The mutual funds below have historically moved differently from SIGAX, 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 SIGAX
0 mutual funds have low correlation with SIGAX (below 0.3), 0 of which are negatively correlated. The least correlated is Franklin Income Fund Class A1 (FKINX) (Diversified Portfolio) with a 1Y correlation of 0.43, roughly unchanged from 0.45 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Franklin Income Fund Class A1 | 0.43 | 0.52 | 0.45 | 91 | Diversified Portfolio | SIGAX vs FKINX | |
| Franklin Income Fund Advisor Class | 0.46 | 0.55 | 0.45 | 94 | Diversified Portfolio | SIGAX vs FRIAX | |
| Miller Intermediate Bond Fund | 0.47 | 0.35 | 0.31 | 96 | Corporate Bonds | SIGAX vs MIFIX | |
| Templeton Institutional Fund International Equity ... | 0.47 | 0.33 | 0.27 | 60 | Foreign Large Cap Equities | SIGAX vs TFEQX | |
| Vanguard Short-Term Corporate Bond Index Fund Inst... | 0.83 | 0.86 | 0.86 | 82 | Corporate Bonds | SIGAX vs VSTBX |
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