Looking to diversify beyond SLGFX? The mutual funds below have the lowest correlation with SLGFX — 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 SLGFX.
Best Diversifiers for SLGFX
0 mutual funds have low correlation with SLGFX (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 0.31, up from 0.13 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Goldman Sachs Strategic Volatility Premium Fund | 0.31 | 0.17 | 0.13 | 96 | Large Cap Blend Equities | SLGFX vs SVPFX | |
| BlackRock Global Equity Market Neutral Fund Class ... | 0.38 | 0.22 | 0.13 | 96 | Equity Market Neutral | SLGFX vs BDMIX | |
| AlphaSimplex Managed Futures Strategy Fund Class Y | 0.44 | 0.32 | 0.15 | 55 | Systematic Trend | SLGFX vs ASFYX | |
| North Square Preferred and Income Securities Fund | 0.52 | 0.35 | 0.41 | 69 | Large Cap Blend Equities | SLGFX vs ORDNX | |
| Rock Oak Core Growth Fund | 0.62 | 0.72 | 0.81 | 80 | Large Cap Blend Equities | SLGFX vs RCKSX |
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