Looking to diversify beyond SNGRX? The mutual funds below have the lowest correlation with SNGRX — 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 SNGRX.
Best Diversifiers for SNGRX
1 mutual funds have low correlation with SNGRX (below 0.3), 0 of which are negatively correlated. The least correlated is SIT Minnesota Tax Free Income Fund (SMTFX) (Municipal Bonds) with a 1Y correlation of 0.30, up from 0.15 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| SIT Minnesota Tax Free Income Fund | 0.30 | 0.15 | 0.15 | 82 | Municipal Bonds | SNGRX vs SMTFX | |
| SIT Tax Free Income Fund | 0.31 | 0.18 | 0.19 | 80 | Municipal Bonds | SNGRX vs SNTIX | |
| Kopernik International Fund | 0.54 | 0.45 | 0.57 | 54 | Foreign Large Cap Equities | SNGRX vs KGIIX | |
| SA International Value Fund | 0.56 | 0.58 | 0.66 | 88 | Foreign Large Cap Equities | SNGRX vs SAHMX | |
| EuroPac International Dividend Income Fund | 0.60 | 0.61 | 0.65 | 75 | Foreign Large Cap Equities | SNGRX vs EPDIX |
See all 20 diversifiers for SNGRX
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