Looking to diversify beyond SPYGX? The mutual funds below have the lowest correlation with SPYGX — 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 SPYGX.
Best Diversifiers for SPYGX
0 mutual funds have low correlation with SPYGX (below 0.3), 0 of which are negatively correlated. The least correlated is Essex Environmental Opportunities Fund (EEOFX) (Mid Cap Growth Equities) with a 1Y correlation of 0.49, down from 0.71 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Essex Environmental Opportunities Fund | 0.49 | 0.63 | 0.71 | 75 | Mid Cap Growth Equities | SPYGX vs EEOFX | |
| Needham Growth Fund | 0.51 | 0.66 | 0.74 | 92 | Mid Cap Growth Equities | SPYGX vs NEEGX | |
| Timothy Plan Aggressive Growth Fund | 0.54 | 0.73 | 0.78 | 88 | Mid Cap Growth Equities | SPYGX vs TAAGX | |
| Fidelity Mega Cap Stock Fund | 0.55 | 0.69 | 0.70 | 73 | Large Cap Blend Equities | SPYGX vs FGRTX | |
| Victory Munder Mid-Cap Core Growth Fund | 0.56 | 0.71 | 0.75 | 64 | Mid Cap Growth Equities | SPYGX vs MGOYX |
See all 11 diversifiers for SPYGX
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements SPYGX
Add SPYGX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with SPYGX