Looking to diversify beyond SSGVX? The mutual funds below have the lowest correlation with SSGVX — 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 SSGVX.
Best Diversifiers for SSGVX
0 mutual funds have low correlation with SSGVX (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 | SSGVX vs ELFTX | |
| DFA U.S. Targeted Value Portfolio | 0.50 | 0.56 | 0.61 | 59 | Small Cap Value Equities | SSGVX vs DFFVX | |
| T. Rowe Price Science And Technology Fund | 0.53 | 0.53 | 0.62 | 87 | Technology Equities | SSGVX vs PRSCX | |
| Fidelity Select Semiconductors Portfolio | 0.54 | 0.54 | 0.59 | 96 | Semiconductors, Technology Equities | SSGVX vs FSELX | |
| State Street S&P 500 Index Fund Class N | 0.55 | 0.57 | 0.64 | 83 | Large Cap Blend Equities | SSGVX vs SVSPX |
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