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
3 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 0.25, 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 | 0.25 | 0.14 | 0.12 | 73 | Large Cap Blend Equities | SLGFX vs SVPFX | |
| Federated Hermes MDT All Cap Core Fund Class R6 | 0.28 | 0.61 | 0.79 | 56 | Large Cap Blend Equities | SLGFX vs QKACX | |
| Federated Hermes MDT All Cap Core Fund | 0.29 | 0.61 | 0.79 | 56 | Large Cap Blend Equities | SLGFX vs QIACX | |
| BlackRock Global Long/Short Equity Fund Class I | 0.33 | 0.21 | 0.12 | 92 | Long-Short | SLGFX vs BDMIX | |
| AlphaSimplex Managed Futures Strategy Fund Class Y | 0.44 | 0.31 | 0.16 | 67 | Systematic Trend | SLGFX vs ASFYX |
See all 46 diversifiers for SLGFX
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