Looking to diversify beyond STDAX? The mutual funds below have the lowest correlation with STDAX — 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 STDAX.
Best Diversifiers for STDAX
33 mutual funds have low correlation with STDAX (below 0.3), 0 of which are negatively correlated. The least correlated is MH Elite Small Cap Fund of Funds Fund (MHELX) (Diversified Portfolio) with a 1Y correlation of 0.02, down from 0.26 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| MH Elite Small Cap Fund of Funds Fund | 0.02 | 0.14 | 0.26 | 70 | Diversified Portfolio | STDAX vs MHELX | |
| SEI Institutional Managed Trust Real Return Fund | 0.13 | 0.19 | 0.22 | 60 | Inflation-Protected Bonds | STDAX vs SRAAX | |
| Concorde Wealth Management Fund | 0.13 | 0.27 | 0.32 | 69 | Diversified Portfolio | STDAX vs CONWX | |
| Fidelity Advisor Strategic Real Return Fund Class ... | 0.15 | 0.29 | 0.35 | 83 | Diversified Portfolio | STDAX vs FCSRX | |
| SEI Institutional Investments Trust Real Return Fu... | 0.16 | 0.21 | 0.24 | 74 | Inflation-Protected Bonds | STDAX vs RRPAX |
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