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State Street Institutional Small-Cap Equity Fund (SIVIX) Diversifiers

Mutual Fund · Currency in USD · Last updated Jun 4, 2026

The fund seeks to achieve its investment objective by investing at least 80% of its net assets (plus any borrowings for investment purposes) under normal circumstances in equity securities of small-cap companies, such as common and preferred stocks. It defines a small-cap company as one with a market capitalization that, at the time of initial investment, falls between (a) the market capitalization of the smallest company in the Russell 2000 Index and (b) either the larger of the market capitalization of the largest company in the Russell 2000 Index or $3.0 billion.

Looking to diversify beyond SIVIX? The mutual funds below have the lowest correlation with SIVIX — 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 SIVIX.

Best Diversifiers for SIVIX

1 mutual funds have low correlation with SIVIX (below 0.3), 0 of which are negatively correlated. The least correlated is Elfun Tax Exempt Income Fund (ELFTX) (Municipal Bonds) with a 1Y correlation of 0.19, roughly unchanged from 0.10 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
ELFTX
Elfun Tax Exempt Income Fund0.190.140.10
70
Municipal BondsSIVIX vs ELFTX
SVSPX
State Street S&P 500 Index Fund Class N0.510.630.75
88
Large Cap Blend EquitiesSIVIX vs SVSPX
SSGVX
State Street Global All Cap Equity ex-U.S.Index Po...0.530.580.64
62
Foreign Large Cap EquitiesSIVIX vs SSGVX
SSGJX
State Street Global All Cap Equity ex-U.S. Index F...0.530.580.64
62
Foreign Large Cap EquitiesSIVIX vs SSGJX
SSHQX
State Street Hedged International Developed Equity...0.570.590.66
50
Foreign Large Cap EquitiesSIVIX vs SSHQX
See all 36 diversifiers for SIVIX

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Diversification Analysis

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