Looking to diversify beyond SMCWX? The mutual funds below have the lowest correlation with SMCWX — 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 SMCWX.
Best Diversifiers for SMCWX
0 mutual funds have low correlation with SMCWX (below 0.3), 0 of which are negatively correlated. The least correlated is Pear Tree Polaris International Opportunities Fund (QISIX) (Foreign Small & Mid Cap Equities) with a 1Y correlation of 0.43, down from 0.57 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Pear Tree Polaris International Opportunities Fund | 0.43 | 0.52 | 0.57 | 50 | Foreign Small & Mid Cap Equities | SMCWX vs QISIX | |
| American Funds American High-Income Trust | 0.66 | 0.63 | 0.63 | 79 | High Yield Bonds | SMCWX vs AHITX | |
| Virtus International Small-Cap Fund | 0.68 | 0.69 | 0.76 | 81 | Foreign Small & Mid Cap Equities | SMCWX vs ALOIX | |
| Fidelity Blue Chip Growth K6 Fund | 0.74 | 0.74 | 0.83 | 70 | Large Cap Growth Equities | SMCWX vs FBCGX | |
| Hood River International Opportunity Fund Investor... | 0.78 | — | — | 95 | Foreign Small & Mid Cap Equities | SMCWX vs HRIIX |
See all 30 diversifiers for SMCWX
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