Looking to diversify beyond SPGBX? The mutual funds below have the lowest correlation with SPGBX — 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 SPGBX.
Best Diversifiers for SPGBX
1 mutual funds have low correlation with SPGBX (below 0.3), 1 of which are negatively correlated. The least correlated is Symmetry Panoramic Alternatives Fund (SPATX) (Multistrategy) with a 1Y correlation of -0.14, up from -0.39 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Symmetry Panoramic Alternatives Fund | -0.14 | -0.20 | -0.39 | 97 | Multistrategy | SPGBX vs SPATX | |
| Symmetry Panoramic US Equity Fund | 0.42 | 0.27 | 0.16 | 67 | Large Cap Blend Equities | SPGBX vs SPUSX | |
| Destinations Global Fixed Income Opportunities Fun... | 0.43 | 0.47 | 0.42 | 98 | Global Bonds | SPGBX vs DGFFX | |
| Symmetry Panoramic Global Equity Fund | 0.46 | 0.30 | 0.19 | 75 | Global Equities | SPGBX vs SPGEX | |
| Symmetry Panoramic International Equity Fund | 0.47 | 0.30 | 0.20 | 69 | Foreign Large Cap Equities | SPGBX vs SPILX |
See all 12 diversifiers for SPGBX
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