Looking to diversify beyond SSDAX? The mutual funds below have historically moved differently from SSDAX, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for SSDAX
0 mutual funds have low correlation with SSDAX (below 0.3), 0 of which are negatively correlated. The least correlated is DWS RREEF Real Assets Fund (AAAZX) (Global Allocation) with a 1Y correlation of 0.35, down from 0.60 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| DWS RREEF Real Assets Fund | 0.35 | 0.55 | 0.60 | 77 | Global Allocation | SSDAX vs AAAZX | |
| DWS RREEF Real Assets Fund - Class A | 0.35 | 0.55 | 0.61 | 77 | Diversified Portfolio | SSDAX vs AAAAX | |
| DWS Global High Income Fund | 0.49 | 0.43 | 0.47 | 74 | High Yield Bonds | SSDAX vs MGHYX | |
| DWS CROCI International Fund | 0.53 | 0.56 | 0.64 | 88 | Foreign Large Cap Equities | SSDAX vs SCINX | |
| DWS Core Equity Fund | 0.73 | 0.79 | 0.83 | 63 | Large Cap Blend Equities | SSDAX vs SCDGX |
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