Looking to diversify beyond SLANX? The mutual funds below have the lowest correlation with SLANX — 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 SLANX.
Best Diversifiers for SLANX
0 mutual funds have low correlation with SLANX (below 0.3), 0 of which are negatively correlated. The least correlated is DWS Global High Income Fund (MGHYX) (High Yield Bonds) with a 1Y correlation of 0.39, roughly unchanged from 0.37 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| DWS Global High Income Fund | 0.39 | 0.36 | 0.37 | 80 | High Yield Bonds | SLANX vs MGHYX | |
| DWS S&P 500 Index Fund | 0.50 | 0.47 | 0.46 | 60 | S&P 500 | SLANX vs SCPIX | |
| DWS Equity 500 Index Fund | 0.52 | 0.46 | 0.46 | 64 | Large Cap Blend Equities | SLANX vs BTIIX | |
| DWS Core Equity Fund | 0.52 | 0.48 | 0.48 | 57 | Large Cap Blend Equities | SLANX vs SCDGX | |
| DWS RREEF Real Assets Fund - Class A | 0.52 | 0.53 | 0.54 | 52 | Diversified Portfolio | SLANX vs AAAAX |
See all 8 diversifiers for SLANX
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