Looking to diversify beyond SKSEX? The mutual funds below have the lowest correlation with SKSEX — 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 SKSEX.
Best Diversifiers for SKSEX
2 mutual funds have low correlation with SKSEX (below 0.3), 0 of which are negatively correlated. The least correlated is AMG GW&K Municipal Enhanced Yield Fund (GWMEX) (High Yield Muni) with a 1Y correlation of 0.15, roughly unchanged from 0.07 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| AMG GW&K Municipal Enhanced Yield Fund | 0.16 | 0.12 | 0.07 | 58 | High Yield Muni | SKSEX vs GWMEX | |
| AMG GW&K Municipal Bond Fund | 0.26 | 0.16 | 0.09 | 63 | Municipal Bonds | SKSEX vs GWMIX | |
| AMG Veritas Asia Pacific Fund | 0.42 | 0.46 | 0.51 | 92 | Asia Pacific Equities | SKSEX vs MGSEX | |
| AMG Boston Common Global Impact Fund | 0.66 | 0.73 | 0.76 | 71 | Large Cap Growth Equities | SKSEX vs BRWIX | |
| Auer Growth Fund | 0.73 | 0.77 | 0.82 | 86 | Small Cap Blend Equities | SKSEX vs AUERX |
See all 34 diversifiers for SKSEX
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements SKSEX
Add SKSEX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with SKSEX