Looking to diversify beyond SSDAX? The mutual funds below have the lowest correlation with SSDAX — 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 SSDAX.
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 Emerging Markets Equity Fund (SEMGX) (Emerging Markets Diversified) with a 1Y correlation of 0.49, roughly unchanged from 0.57 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| DWS Emerging Markets Equity Fund | 0.49 | 0.54 | 0.57 | 84 | Emerging Markets Diversified | SSDAX vs SEMGX | |
| DWS CROCI International Fund | 0.55 | 0.57 | 0.64 | 51 | Foreign Large Cap Equities | SSDAX vs SCINX | |
| DWS Science and Technology Fund | 0.64 | 0.63 | 0.73 | 72 | Technology Equities | SSDAX vs KTCAX | |
| DWS Core Equity Fund | 0.77 | 0.80 | 0.84 | 76 | Large Cap Blend Equities | SSDAX vs SCDGX | |
| DWS Equity 500 Index Fund | 0.78 | 0.77 | 0.82 | 73 | Large Cap Blend Equities | SSDAX vs BTIIX |
See all 14 diversifiers for SSDAX
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