Looking to diversify beyond SSIFX? The mutual funds below have the lowest correlation with SSIFX — 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 SSIFX.
Best Diversifiers for SSIFX
1 mutual funds have low correlation with SSIFX (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 0.27, down from 0.51 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Federated Hermes International Strategic Value Div... | 0.27 | 0.37 | 0.51 | 63 | Foreign Large Cap Equities | SSIFX vs IVFIX | |
| PIMCO RAE PLUS International Fund | 0.41 | 0.41 | 0.47 | 83 | Foreign Large Cap Equities | SSIFX vs PTSIX | |
| Pear Tree Polaris Foreign Value Fund | 0.42 | 0.48 | 0.55 | 78 | Foreign Large Cap Equities | SSIFX vs QFVOX | |
| SA International Value Fund | 0.48 | 0.46 | 0.54 | 89 | Foreign Large Cap Equities | SSIFX vs SAHMX | |
| Voya International High Dividend Low Volatility Po... | 0.48 | 0.53 | 0.65 | 58 | Foreign Large Cap Equities | SSIFX vs IFTIX |
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