Looking to diversify beyond SLGAX? The mutual funds below have the lowest correlation with SLGAX — 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 SLGAX.
Best Diversifiers for SLGAX
0 mutual funds have low correlation with SLGAX (below 0.3), 0 of which are negatively correlated. The least correlated is Goldman Sachs Strategic Volatility Premium Fund (SVPFX) (Large Cap Blend Equities) with a 1Y correlation of 0.33, up from 0.12 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Goldman Sachs Strategic Volatility Premium Fund | 0.33 | 0.15 | 0.12 | 72 | Large Cap Blend Equities | SLGAX vs SVPFX | |
| BlackRock Global Long/Short Equity Fund Class I | 0.36 | 0.21 | 0.13 | 95 | Long-Short | SLGAX vs BDMIX | |
| AlphaSimplex Managed Futures Strategy Fund Class Y | 0.42 | 0.31 | 0.15 | 60 | Systematic Trend | SLGAX vs ASFYX | |
| North Square Preferred and Income Securities Fund | 0.52 | 0.36 | 0.43 | 69 | Large Cap Blend Equities | SLGAX vs ORDNX | |
| BlackRock Technology Opportunities Fund Investor A | 0.71 | 0.74 | 0.80 | 66 | Technology Equities | SLGAX vs BGSAX |
See all 43 diversifiers for SLGAX
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