Looking to diversify beyond SSDWX? The mutual funds below have the lowest correlation with SSDWX — 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 SSDWX.
Best Diversifiers for SSDWX
0 mutual funds have low correlation with SSDWX (below 0.3), 0 of which are negatively correlated. The least correlated is Elfun Tax Exempt Income Fund (ELFTX) (Municipal Bonds) with a 1Y correlation of 0.34, up from 0.21 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Elfun Tax Exempt Income Fund | 0.34 | 0.26 | 0.21 | 76 | Municipal Bonds | SSDWX vs ELFTX | |
| State Street S&P 500 Index Fund Class N | 0.74 | 0.78 | 0.86 | 80 | Large Cap Blend Equities | SSDWX vs SVSPX | |
| Dimensional Retirement Income Fund | 0.79 | 0.79 | 0.76 | 83 | Target Retirement Date | SSDWX vs TDIFX | |
| Fidelity Managed Retirement Income Fund | 0.81 | 0.76 | 0.74 | 82 | Target Retirement Date | SSDWX vs FIRMX | |
| Fidelity Advisor Managed Retirement 2010 Fund Clas... | 0.81 | 0.77 | 0.78 | 70 | Target Retirement Date | SSDWX vs FRQIX |
See all 59 diversifiers for SSDWX
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