Looking to diversify beyond SPIIX? The mutual funds below have the lowest correlation with SPIIX — 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 SPIIX.
Best Diversifiers for SPIIX
13 mutual funds have low correlation with SPIIX (below 0.3), 0 of which are negatively correlated. The least correlated is SEI Institutional Managed Trust Real Return Fund (SRAAX) (Inflation-Protected Bonds) with a 1Y correlation of 0.03, down from 0.14 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| SEI Institutional Managed Trust Real Return Fund | 0.03 | 0.09 | 0.14 | 60 | Inflation-Protected Bonds | SPIIX vs SRAAX | |
| SEI Institutional Investments Trust Real Return Fu... | 0.05 | 0.11 | 0.13 | 74 | Inflation-Protected Bonds | SPIIX vs RRPAX | |
| SEI Daily Income Ultra Short Duration Bond Fund | 0.12 | 0.10 | 0.06 | 96 | Ultrashort Bond | SPIIX vs SECPX | |
| SEI Tax-Exempt Trust Massachusetts Municipal Bond ... | 0.15 | 0.14 | 0.10 | 51 | Municipal Bonds | SPIIX vs SMAAX | |
| SEI Tax-Exempt Trust New York Municipal Bond Fund | 0.15 | 0.16 | 0.11 | 57 | Municipal Bonds | SPIIX vs SENYX |
See all 73 diversifiers for SPIIX
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements SPIIX
Add SPIIX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with SPIIX