Looking to diversify beyond SSGLX? The mutual funds below have the lowest correlation with SSGLX — 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 SSGLX.
Best Diversifiers for SSGLX
0 mutual funds have low correlation with SSGLX (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 0.37, up from 0.20 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Elfun Tax Exempt Income Fund | 0.37 | 0.25 | 0.20 | 72 | Municipal Bonds | SSGLX vs ELFTX | |
| Cohen & Steers Global Infrastructure Fund Class A | 0.41 | 0.50 | 0.57 | 51 | Global Equities | SSGLX vs CSUAX | |
| State Street S&P 500 Index Fund Class N | 0.55 | 0.57 | 0.64 | 83 | Large Cap Blend Equities | SSGLX vs SVSPX | |
| Russell Investment Tax-Managed Real Assets Fund | 0.56 | 0.64 | 0.69 | 76 | Global Equities | SSGLX vs RTXAX | |
| Oberweis Global Opportunities Fund | 0.56 | 0.63 | 0.70 | 75 | Global Equities | SSGLX vs OBEGX |
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