Looking to diversify beyond SPGBX? The mutual funds below have historically moved differently from SPGBX, 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 SPGBX
2 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 -0.23, up from -0.39 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Symmetry Panoramic Alternatives Fund | -0.23 | -0.20 | -0.39 | 98 | Multistrategy | SPGBX vs SPATX | |
| DFA Two Year Global Fixed Income Portfolio | 0.28 | 0.07 | 0.36 | 100 | Global Bonds | SPGBX vs DFGFX | |
| Symmetry Panoramic US Equity Fund | 0.40 | 0.27 | 0.18 | 73 | Large Cap Blend Equities | SPGBX vs SPUSX | |
| Symmetry Panoramic Global Equity Fund | 0.43 | 0.29 | 0.20 | 75 | Global Equities | SPGBX vs SPGEX | |
| Symmetry Panoramic International Equity Fund | 0.44 | 0.29 | 0.21 | 68 | Foreign Large Cap Equities | SPGBX vs SPILX |
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