Looking to diversify beyond SMTFX? The mutual funds below have the lowest correlation with SMTFX — 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 SMTFX.
Best Diversifiers for SMTFX
14 mutual funds have low correlation with SMTFX (below 0.3), 0 of which are negatively correlated. The least correlated is Sit Small Cap Dividend Growth Fund (SSCDX) (Small Cap Blend Equities) with a 1Y correlation of 0.13, roughly unchanged from 0.10 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Sit Small Cap Dividend Growth Fund | 0.13 | 0.07 | 0.10 | 57 | Small Cap Blend Equities | SMTFX vs SSCDX | |
| SIT Small Cap Growth Fund | 0.15 | 0.08 | 0.11 | 50 | Mid Cap Growth Equities | SMTFX vs SSMGX | |
| JPMorgan Ultra-Short Municipal Fund | 0.15 | 0.28 | 0.35 | 99 | Municipal Bonds | SMTFX vs USMSX | |
| DFA Short Term Municipal Bond Portfolio | 0.17 | 0.25 | 0.31 | 99 | Municipal Bonds | SMTFX vs DFSMX | |
| DFA NY Municipal Bond Portfolio | 0.17 | 0.29 | 0.34 | 99 | Municipal Bonds | SMTFX vs DNYMX |
See all 20 diversifiers for SMTFX
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