Looking to diversify beyond SPGRX? The mutual funds below have the lowest correlation with SPGRX — 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 SPGRX.
Best Diversifiers for SPGRX
0 mutual funds have low correlation with SPGRX (below 0.3), 0 of which are negatively correlated. The least correlated is Goldman Sachs Strategic Volatility Premium Fund (SVPFX) (Large Cap Blend Equities) with a 1Y correlation of 0.32, up from 0.12 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Goldman Sachs Strategic Volatility Premium Fund | 0.32 | 0.13 | 0.12 | 72 | Large Cap Blend Equities | SPGRX vs SVPFX | |
| North Square Preferred and Income Securities Fund | 0.52 | 0.36 | 0.43 | 69 | Large Cap Blend Equities | SPGRX vs ORDNX | |
| Rock Oak Core Growth Fund | 0.58 | 0.71 | 0.81 | 62 | Large Cap Blend Equities | SPGRX vs RCKSX | |
| DWS Global High Income Fund | 0.60 | 0.46 | 0.49 | 76 | High Yield Bonds | SPGRX vs MGHYX | |
| DWS Emerging Markets Equity Fund | 0.63 | 0.62 | 0.62 | 84 | Emerging Markets Diversified | SPGRX vs SEMGX |
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