Looking to diversify beyond STLAX? The mutual funds below have the lowest correlation with STLAX — 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 STLAX.
Best Diversifiers for STLAX
0 mutual funds have low correlation with STLAX (below 0.3), 0 of which are negatively correlated. The least correlated is BlackRock Global Long/Short Equity Fund Class I (BDMIX) (Long-Short) with a 1Y correlation of 0.34, up from 0.12 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| BlackRock Global Long/Short Equity Fund Class I | 0.34 | 0.20 | 0.12 | 94 | Long-Short | STLAX vs BDMIX | |
| Shelton Capital Management Nasdaq-100 Index Fund D... | 0.79 | 0.74 | 0.78 | 55 | Large Cap Growth Equities | STLAX vs NASDX | |
| Dimensional Retirement Income Fund | 0.81 | 0.85 | 0.84 | 83 | Target Retirement Date | STLAX vs TDIFX | |
| Dimensional 2055 Target Date Retirement Income Fun... | 0.85 | 0.85 | 0.87 | 75 | Target Retirement Date | STLAX vs DRIKX | |
| Dimensional 2060 Target Date Retirement Income Fun... | 0.86 | 0.85 | 0.86 | 76 | Target Retirement Date | STLAX vs DRILX |
See all 54 diversifiers for STLAX
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