Looking to diversify beyond SPE? The mutual funds below have historically moved differently from SPE, 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 SPE
15 mutual funds have low correlation with SPE (below 0.3), 3 of which are negatively correlated. The least correlated is AQR Style Premia Alternative R6 (QSPRX) (Multistrategy) with a 1Y correlation of -0.14, roughly unchanged from -0.10 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| AQR Style Premia Alternative R6 | -0.14 | -0.08 | -0.10 | 90 | Multistrategy | SPE vs QSPRX | |
| AQR Style Premia Alternative Fund - Class I | -0.13 | -0.07 | -0.10 | 90 | Multistrategy | SPE vs QSPIX | |
| AQR Style Premia Alternative Fund Class N | -0.12 | -0.07 | -0.10 | 89 | Multistrategy | SPE vs QSPNX | |
| Symmetry Panoramic Alternatives Fund | 0.02 | 0.03 | -0.02 | 98 | Multistrategy | SPE vs SPATX | |
| Stone Ridge Reinsurance Risk Premium Interval Fund | 0.02 | -0.00 | 0.03 | 100 | Multistrategy | SPE vs SRRIX |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements SPE
Add SPE to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with SPE