Looking to diversify beyond SNWIX? The mutual funds below have historically moved differently from SNWIX, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for SNWIX
0 mutual funds have low correlation with SNWIX (below 0.3), 0 of which are negatively correlated. The least correlated is Aegis Value Fund Class I (AVALX) (Small Cap Value Equities) with a 1Y correlation of 0.42, down from 0.56 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Aegis Value Fund Class I | 0.42 | 0.49 | 0.56 | 94 | Small Cap Value Equities | SNWIX vs AVALX | |
| Palm Valley Capital Fund Investor Class | 0.55 | 0.61 | 0.60 | 73 | Small Cap Value Equities | SNWIX vs PVCMX | |
| North Star Dividend Fund | 0.66 | 0.76 | 0.80 | 74 | Small Cap Value Equities | SNWIX vs NSDVX | |
| Bridgeway Ultra Small Company Market Fund | 0.66 | 0.75 | 0.77 | 75 | Small Cap Value Equities | SNWIX vs BRSIX | |
| Royce Special Equity Fund | 0.71 | 0.82 | 0.84 | 94 | Small Cap Value Equities | SNWIX vs RYSEX |
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