Looking to diversify beyond SSSFX? The mutual funds below have the lowest correlation with SSSFX — 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 SSSFX.
Best Diversifiers for SSSFX
2 mutual funds have low correlation with SSSFX (below 0.3), 0 of which are negatively correlated. The least correlated is AMG GW&K Municipal Enhanced Yield Fund (GWMEX) (High Yield Muni) with a 1Y correlation of 0.17, up from 0.06 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| AMG GW&K Municipal Enhanced Yield Fund | 0.17 | 0.12 | 0.06 | 72 | High Yield Muni | SSSFX vs GWMEX | |
| AMG GW&K Municipal Bond Fund | 0.25 | 0.16 | 0.09 | 65 | Municipal Bonds | SSSFX vs GWMIX | |
| AMG Yacktman Focused Fund | 0.41 | 0.56 | 0.67 | 86 | Large Cap Value Equities | SSSFX vs YAFFX | |
| AMG Veritas Asia Pacific Fund | 0.44 | 0.46 | 0.49 | 82 | Asia Pacific Equities | SSSFX vs MGSEX | |
| AMG Yacktman Fund | 0.52 | 0.65 | 0.74 | 86 | Large Cap Value Equities | SSSFX vs YACKX |
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