Looking to diversify beyond SSHIX? The mutual funds below have the lowest correlation with SSHIX — 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 SSHIX.
Best Diversifiers for SSHIX
10 mutual funds have low correlation with SSHIX (below 0.3), 0 of which are negatively correlated. The least correlated is DFA Two-Year Fixed Income Portfolio (DFCFX) (Short-Term Bond) with a 1Y correlation of 0.01, down from 0.37 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| DFA Two-Year Fixed Income Portfolio | 0.01 | 0.01 | 0.37 | 65 | Short-Term Bond | SSHIX vs DFCFX | |
| Leader Short Term High Yield Bond Fund | 0.13 | 0.08 | 0.18 | 80 | Short-Term Bond | SSHIX vs LCCMX | |
| Allspring Absolute Return Fund | 0.15 | 0.28 | 0.23 | 92 | Global Allocation | SSHIX vs WARAX | |
| Allspring Emerging Markets Equity Income Fund | 0.20 | 0.13 | 0.11 | 86 | Emerging Markets Diversified | SSHIX vs EQIIX | |
| Allspring Real Return Fund | 0.22 | 0.39 | 0.47 | 88 | Inflation-Protected Bonds | SSHIX vs IPBAX |
See all 51 diversifiers for SSHIX
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