Looking to diversify beyond SLCVX? The mutual funds below have the lowest correlation with SLCVX — 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 SLCVX.
Best Diversifiers for SLCVX
1 mutual funds have low correlation with SLCVX (below 0.3), 0 of which are negatively correlated. The least correlated is Saratoga Municipal Bond Portfolio (SMBPX) (Ultrashort Bond) with a 1Y correlation of 0.04, roughly unchanged from 0.07 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Saratoga Municipal Bond Portfolio | 0.04 | 0.12 | 0.07 | 91 | Ultrashort Bond | SLCVX vs SMBPX | |
| Federated Hermes Strategic Value Dividend Fund | 0.39 | 0.44 | 0.57 | 80 | Large Cap Value Equities | SLCVX vs SVAIX | |
| Hennessy Cornerstone Value Fund | 0.47 | 0.55 | 0.67 | 81 | Large Cap Value Equities | SLCVX vs HFCVX | |
| Torray Fund | 0.63 | 0.73 | 0.81 | 64 | Large Cap Value Equities | SLCVX vs TORYX | |
| PIMCO RAE US Fund | 0.63 | 0.74 | 0.80 | 92 | Large Cap Value Equities | SLCVX vs PKAIX |
See all 29 diversifiers for SLCVX
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