Looking to diversify beyond SRHQX? The mutual funds below have the lowest correlation with SRHQX — 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 SRHQX.
Best Diversifiers for SRHQX
8 mutual funds have low correlation with SRHQX (below 0.3), 0 of which are negatively correlated. The least correlated is DFA Two-Year Fixed Income Portfolio (DFCFX) (Short-Term Bond) with a 1Y correlation of 0.10, down from 0.36 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| DFA Two-Year Fixed Income Portfolio | 0.10 | 0.03 | 0.36 | 100 | Short-Term Bond | SRHQX vs DFCFX | |
| Leader Short Term High Yield Bond Fund | 0.13 | 0.17 | 0.21 | 82 | Short-Term Bond | SRHQX vs LCCMX | |
| Principal SmallCap S&P 600 Index Fund | 0.23 | 0.17 | 0.12 | 65 | Small Cap Blend Equities | SRHQX vs PSSMX | |
| GuidePath Absolute Return Allocation Fund | 0.25 | 0.57 | 0.63 | 54 | Short-Term Bond | SRHQX vs GPARX | |
| Principal Capital Appreciation Fund | 0.25 | 0.14 | 0.11 | 50 | Large Cap Blend Equities | SRHQX vs CMNWX |
See all 22 diversifiers for SRHQX
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