Looking to diversify beyond SSGVX? The mutual funds below have historically moved differently from SSGVX, 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 SSGVX
0 mutual funds have low correlation with SSGVX (below 0.3), 0 of which are negatively correlated. The least correlated is Federated Hermes International Strategic Value Dividend Fund (IVFIX) (Foreign Large Cap Equities) with a 1Y correlation of 0.37, down from 0.61 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Federated Hermes International Strategic Value Div... | 0.37 | 0.49 | 0.61 | 88 | Foreign Large Cap Equities | SSGVX vs IVFIX | |
| Goldman Sachs GQG Partners International Opportuni... | 0.38 | 0.61 | 0.70 | 61 | Foreign Large Cap Equities | SSGVX vs GSINX | |
| Elfun Tax Exempt Income Fund | 0.38 | 0.25 | 0.21 | 79 | Municipal Bonds | SSGVX vs ELFTX | |
| Goldman Sachs GQG Partners International Opportuni... | 0.38 | 0.62 | 0.70 | 61 | Foreign Large Cap Equities | SSGVX vs GSIMX | |
| Avantis U.S. Small Cap Value Fund | 0.47 | 0.53 | 0.59 | 90 | Small Cap Value Equities | SSGVX vs AVUVX |
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