Looking to diversify beyond SIRIX? The mutual funds below have the lowest correlation with SIRIX — 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 SIRIX.
Best Diversifiers for SIRIX
1 mutual funds have low correlation with SIRIX (below 0.3), 1 of which are negatively correlated. The least correlated is BlackRock Tactical Opportunities Fund Institutional Class (PBAIX) (Tactical Allocation) with a 1Y correlation of -0.04, down from 0.11 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| BlackRock Tactical Opportunities Fund Institutiona... | -0.04 | 0.16 | 0.11 | 75 | Tactical Allocation | SIRIX vs PBAIX | |
| Sierra Tactical Municipal Fund | 0.38 | 0.38 | 0.35 | 61 | High Yield Muni | SIRIX vs STMYX | |
| Quantified Evolution Plus Fund | 0.42 | 0.55 | 0.45 | 80 | Tactical Allocation | SIRIX vs QEVOX | |
| AQR Diversifying Strategies Fund Class N | 0.47 | 0.35 | 0.23 | 88 | Tactical Allocation | SIRIX vs QDSNX | |
| Hussman Strategic Total Return Fund | 0.49 | 0.49 | 0.52 | 89 | Tactical Allocation | SIRIX vs HSTRX |
See all 23 diversifiers for SIRIX
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