Looking to diversify beyond SNSXX? The mutual funds below have the lowest correlation with SNSXX — 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 SNSXX.
Best Diversifiers for SNSXX
102 mutual funds have low correlation with SNSXX (below 0.3), 50 of which are negatively correlated. The least correlated is DFA Commodity Strategy Portfolio (DCMSX) (Commodities) with a 1Y correlation of -0.11, roughly unchanged from -0.04 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| DFA Commodity Strategy Portfolio | -0.11 | -0.05 | -0.04 | 81 | Commodities | SNSXX vs DCMSX | |
| Fidelity Emerging Markets Index Fund | -0.10 | -0.06 | -0.03 | 90 | Emerging Markets Diversified | SNSXX vs FPADX | |
| Fidelity Select Semiconductors Portfolio | -0.10 | -0.03 | -0.02 | 97 | Semiconductors, Technology Equities | SNSXX vs FSELX | |
| Fidelity Select Technology Portfolio | -0.10 | -0.03 | -0.02 | 94 | Technology Equities | SNSXX vs FSPTX | |
| Vanguard Emerging Markets Stock Index Fund Admiral... | -0.08 | -0.04 | -0.02 | 59 | Emerging Markets Equities | SNSXX vs VEMAX |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from SNSXX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to SNSXX and solid risk/return profiles. The least correlated is Dividend 15 Split Corp. (DFN.TO) (Financial Services) with a 1Y correlation of -0.24, roughly unchanged from -0.27 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Dividend 15 Split Corp. | -0.24 | -0.21 | -0.27 | 96 | Financial Services | |
| NVIDIA Corporation | -0.12 | -0.07 | -0.05 | 78 | Technology | |
| Micron Technology, Inc. | -0.12 | -0.07 | -0.05 | 99 | Technology | |
| Starbucks Corporation | -0.11 | -0.05 | -0.04 | 54 | Consumer Cyclical | |
| Intel Corporation | -0.10 | -0.03 | -0.02 | 98 | Technology |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements SNSXX
Add SNSXX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with SNSXX