Looking to diversify beyond SIGAX? The mutual funds below have the lowest correlation with SIGAX — 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 SIGAX.
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 0.42, roughly unchanged from 0.43 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Franklin Income Fund Class A1 | 0.42 | 0.53 | 0.43 | 87 | Diversified Portfolio | SIGAX vs FKINX | |
| Miller Intermediate Bond Fund | 0.45 | 0.34 | 0.28 | 92 | Corporate Bonds | SIGAX vs MIFIX | |
| Franklin Income Fund Advisor Class | 0.46 | 0.55 | 0.43 | 92 | Diversified Portfolio | SIGAX vs FRIAX | |
| Vanguard Short-Term Corporate Bond Index Fund Inst... | 0.82 | 0.86 | 0.86 | 81 | Corporate Bonds | SIGAX vs VSTBX | |
| Vanguard Short-Term Corporate Bond Index Fund Admi... | 0.85 | 0.86 | 0.86 | 80 | Corporate Bonds | SIGAX vs VSCSX |
Diversification Analysis
Build a portfolio that complements SIGAX
Add SIGAX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with SIGAX