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
1 mutual funds have low correlation with SSCGX (below 0.3), 0 of which are negatively correlated. The least correlated is BlackRock Global Long/Short Equity Fund Class I (BDMIX) (Long-Short) with a 1Y correlation of 0.27, up from 0.06 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| BlackRock Global Long/Short Equity Fund Class I | 0.27 | 0.14 | 0.06 | 96 | Long-Short | SSCGX vs BDMIX | |
| AlphaSimplex Managed Futures Strategy Fund Class Y | 0.36 | 0.28 | 0.15 | 64 | Systematic Trend | SSCGX vs ASFYX | |
| BlackRock Technology Opportunities Fund Investor A | 0.66 | 0.67 | 0.74 | 69 | Technology Equities | SSCGX vs BGSAX | |
| Shelton Capital Management Nasdaq-100 Index Fund D... | 0.72 | 0.70 | 0.75 | 71 | Large Cap Growth Equities | SSCGX vs NASDX | |
| Fidelity Asset Manager 40% Fund | 0.80 | 0.80 | 0.81 | 79 | Diversified Portfolio | SSCGX vs FFANX |
See all 26 diversifiers for SSCGX
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements SSCGX
Add SSCGX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with SSCGX