Looking to diversify beyond SISIX? The mutual funds below have the lowest correlation with SISIX — 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 SISIX.
Best Diversifiers for SISIX
11 mutual funds have low correlation with SISIX (below 0.3), 0 of which are negatively correlated. The least correlated is The Merger Fund (MERFX) (Event Driven) with a 1Y correlation of 0.14, up from 0.03 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| The Merger Fund | 0.14 | -0.02 | 0.03 | 97 | Event Driven | SISIX vs MERFX | |
| JPMorgan Ultra-Short Municipal Fund | 0.20 | 0.32 | 0.39 | 99 | Municipal Bonds | SISIX vs USMSX | |
| DFA Short Term Municipal Bond Portfolio | 0.21 | 0.27 | 0.38 | 99 | Municipal Bonds | SISIX vs DFSMX | |
| Virtus Seix Floating Rate High Income Fund | 0.21 | 0.24 | 0.25 | 97 | Bank Loan | SISIX vs SAMBX | |
| Virtus Artificial Intelligence & Technology Opport... | 0.22 | 0.14 | 0.14 | 56 | Technology Equities | SISIX vs AIO |
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