Looking to diversify beyond SLANX? The mutual funds below have historically moved differently from SLANX, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
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 CROCI Equity Dividend Fd (KDHAX) (Large Cap Value Equities) with a 1Y correlation of 0.31, roughly unchanged from 0.38 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| DWS CROCI Equity Dividend Fd | 0.31 | 0.36 | 0.38 | 64 | Large Cap Value Equities | SLANX vs KDHAX | |
| DWS Global High Income Fund | 0.40 | 0.36 | 0.36 | 77 | High Yield Bonds | SLANX vs MGHYX | |
| DWS RREEF Real Assets Fund - Class A | 0.51 | 0.51 | 0.53 | 58 | Diversified Portfolio | SLANX vs AAAAX | |
| DWS RREEF Real Assets Fund | 0.52 | 0.51 | 0.53 | 61 | Global Allocation | SLANX vs AAAZX | |
| DWS S&P 500 Index Fund | 0.54 | 0.47 | 0.46 | 65 | S&P 500 | SLANX vs SCPIX |
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