Looking to diversify beyond SLVIX? The mutual funds below have the lowest correlation with SLVIX — 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 SLVIX.
Best Diversifiers for SLVIX
0 mutual funds have low correlation with SLVIX (below 0.3), 0 of which are negatively correlated. The least correlated is Federated Hermes Strategic Value Dividend Fund (SVAIX) (Large Cap Value Equities) with a 1Y correlation of 0.47, down from 0.71 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Federated Hermes Strategic Value Dividend Fund | 0.47 | 0.61 | 0.71 | 78 | Large Cap Value Equities | SLVIX vs SVAIX | |
| Columbia Global Technology Growth Fund Class A | 0.53 | 0.50 | 0.58 | 76 | Technology Equities, Large Cap Growth Equities | SLVIX vs CTCAX | |
| Columbia Global Technology Growth Fund | 0.53 | 0.50 | 0.58 | 77 | Technology Equities | SLVIX vs CMTFX | |
| Columbia Seligman Technology and Information Fund | 0.61 | 0.60 | 0.66 | 96 | Technology Equities | SLVIX vs SLMCX | |
| Columbia Seligman Global Technology Fund | 0.61 | 0.60 | 0.67 | 96 | Technology Equities | SLVIX vs SHGTX |
See all 81 diversifiers for SLVIX
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements SLVIX
Add SLVIX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with SLVIX