Looking to diversify beyond SLVAX? The mutual funds below have the lowest correlation with SLVAX — 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 SLVAX.
Best Diversifiers for SLVAX
1 mutual funds have low correlation with SLVAX (below 0.3), 0 of which are negatively correlated. The least correlated is Voya Corporate Leaders Trust Fund (LEXCX) (Large Cap Value Equities) with a 1Y correlation of 0.29, down from 0.69 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Voya Corporate Leaders Trust Fund | 0.29 | 0.56 | 0.69 | 68 | Large Cap Value Equities | SLVAX vs LEXCX | |
| Federated Hermes Strategic Value Dividend Fund | 0.45 | 0.60 | 0.71 | 86 | Large Cap Value Equities | SLVAX vs SVAIX | |
| AMG Yacktman Focused Fund | 0.49 | 0.64 | 0.76 | 86 | Large Cap Value Equities | SLVAX vs YAFFX | |
| Buffalo Flexible Income Fund | 0.49 | 0.68 | 0.78 | 61 | Large Cap Value Equities | SLVAX vs BUFBX | |
| Columbia Global Technology Growth Fund Class A | 0.51 | 0.49 | 0.58 | 61 | Technology Equities, Large Cap Growth Equities | SLVAX vs CTCAX |
See all 44 diversifiers for SLVAX
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