Looking to diversify beyond SSCGX? The mutual funds below have the lowest correlation with SSCGX — 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 SSCGX.
Best Diversifiers for SSCGX
0 mutual funds have low correlation with SSCGX (below 0.3), 0 of which are negatively correlated. The least correlated is BlackRock Global Equity Market Neutral Fund Class I (BDMIX) (Equity Market Neutral) with a 1Y correlation of 0.37, up from 0.09 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| BlackRock Global Equity Market Neutral Fund Class ... | 0.37 | 0.19 | 0.09 | 96 | Equity Market Neutral | SSCGX vs BDMIX | |
| AlphaSimplex Managed Futures Strategy Fund Class Y | 0.39 | 0.29 | 0.15 | 56 | Systematic Trend | SSCGX vs ASFYX | |
| Shelton Capital Management Nasdaq-100 Index Fund D... | 0.73 | 0.71 | 0.75 | 53 | Large Cap Growth Equities | SSCGX vs NASDX | |
| Vanguard Tax-Managed Balanced Fund Admiral Shares | 0.79 | 0.81 | 0.83 | 75 | Diversified Portfolio, Municipal Bonds | SSCGX vs VTMFX | |
| iShares S&P 500 Index Fund Class K | 0.79 | 0.80 | 0.83 | 62 | S&P 500 | SSCGX vs WFSPX |
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