Looking to diversify beyond SMVSX? The mutual funds below have the lowest correlation with SMVSX — 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 SMVSX.
Best Diversifiers for SMVSX
0 mutual funds have low correlation with SMVSX (below 0.3), 0 of which are negatively correlated. The least correlated is Aegis Value Fund (AVALX) (Small Cap Value Equities) with a 1Y correlation of 0.59, roughly unchanged from 0.68 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Aegis Value Fund | 0.59 | 0.62 | 0.68 | 87 | Small Cap Value Equities | SMVSX vs AVALX | |
| Third Avenue Small Cap Value Fund | 0.64 | 0.70 | 0.78 | 80 | Small Cap Value Equities | SMVSX vs TASCX | |
| Royce Special Equity Fund | 0.65 | 0.75 | 0.80 | 83 | Small Cap Value Equities | SMVSX vs RYSEX | |
| Invesco Nasdaq 100 Index Fund | 0.68 | 0.68 | 0.67 | 70 | Large Cap Growth Equities | SMVSX vs IVNQX | |
| VY Columbia Small Cap Value II Portfolio | 0.71 | 0.78 | 0.86 | 87 | Small Cap Value Equities | SMVSX vs ICISX |
See all 35 diversifiers for SMVSX
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