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Invesco Short Term Bond Fund (STBCX) Diversifiers

Mutual Fund · Currency in USD · Last updated Aug 1, 2026
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The fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in fixed-income securities, and in derivatives and other instruments that have economic characteristics similar to such securities. It invests primarily in investment grade fixed-income securities. The fund may invest up to 25% of its net assets in foreign debt securities, including debt securities of issuers located in emerging markets countries. The adviser will attempt to maintain a dollar-weighted average portfolio maturity and duration of less than three years.

Looking to diversify beyond STBCX? The mutual funds below have historically moved differently from STBCX, 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 STBCX

11 mutual funds have low correlation with STBCX (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 0.08, down from 0.31 over 5 years.

How candidates are selected
SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
DFCFX
DFA Two-Year Fixed Income Portfolio0.080.020.31
100
Short-Term BondSTBCX vs DFCFX
GPARX
GuidePath Absolute Return Allocation Fund0.100.410.50
69
Short-Term BondSTBCX vs GPARX
VVOAX
Invesco Value Opportunities Fund0.150.090.10
74
Mid Cap Value EquitiesSTBCX vs VVOAX
LCCMX
Leader Short Term High Yield Bond Fund0.170.140.21
84
Short-Term BondSTBCX vs LCCMX
VSCAX
Invesco Small Cap Value Fund0.180.100.11
76
Small Cap Value EquitiesSTBCX vs VSCAX
See all 29 diversifiers for STBCX

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