Looking to diversify beyond SSSYX? The mutual funds below have the lowest correlation with SSSYX — 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 SSSYX.
Best Diversifiers for SSSYX
2 mutual funds have low correlation with SSSYX (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 0.19, roughly unchanged from 0.11 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Elfun Tax Exempt Income Fund | 0.19 | 0.15 | 0.11 | 64 | Municipal Bonds | SSSYX vs ELFTX | |
| Goldman Sachs Strategic Volatility Premium Fund | 0.25 | 0.13 | 0.12 | 70 | Large Cap Blend Equities | SSSYX vs SVPFX | |
| Federated Hermes MDT All Cap Core Fund Class R6 | 0.30 | 0.61 | 0.79 | 60 | Large Cap Blend Equities | SSSYX vs QKACX | |
| Federated Hermes MDT All Cap Core Fund | 0.30 | 0.61 | 0.79 | 60 | Large Cap Blend Equities | SSSYX vs QIACX | |
| State Street Emerging Markets Equity Index Fund | 0.46 | 0.50 | 0.53 | 91 | Emerging Markets Diversified | SSSYX vs SSKEX |
See all 254 diversifiers for SSSYX
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