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
104 mutual funds have low correlation with SNSXX (below 0.3), 32 of which are negatively correlated. The least correlated is DFA Commodity Strategy Portfolio (DCMSX) (Commodities) with a 1Y correlation of -0.07, 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 | -0.07 | -0.05 | -0.04 | 69 | Commodities | SNSXX vs DCMSX | |
| DFA U.S. Small Cap Value Portfolio I | -0.06 | -0.02 | -0.01 | 64 | Small Cap Value Equities | SNSXX vs DFSVX | |
| Fidelity Select Semiconductors Portfolio | -0.05 | -0.02 | -0.01 | 91 | Semiconductors, Technology Equities | SNSXX vs FSELX | |
| Fidelity Emerging Markets Index Fund | -0.05 | -0.05 | -0.03 | 69 | Emerging Markets Diversified | SNSXX vs FPADX | |
| Schwab Target 2015 Index Fund | -0.04 | 0.03 | 0.03 | 70 | Target Retirement Date | SNSXX vs SWYBX |
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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 Starbucks Corporation (SBUX) (Consumer Cyclical) with a 1Y correlation of -0.13, roughly unchanged from -0.05 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Starbucks Corporation | -0.13 | -0.06 | -0.05 | 63 | Consumer Cyclical | |
| Petróleo Brasileiro S.A. - Petrobras | -0.12 | -0.07 | -0.05 | 82 | Energy | |
| Airbnb, Inc. | -0.08 | -0.09 | -0.06 | 53 | Consumer Cyclical | |
| NVIDIA Corporation | -0.08 | -0.05 | -0.04 | 66 | Technology | |
| Riot Platforms, Inc. | -0.08 | -0.02 | -0.01 | 71 | Technology |
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