Looking to diversify beyond STLDX? The mutual funds below have the lowest correlation with STLDX — 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 STLDX.
Best Diversifiers for STLDX
0 mutual funds have low correlation with STLDX (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 0.37, up from 0.14 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| BlackRock Global Long/Short Equity Fund Class I | 0.37 | 0.22 | 0.14 | 95 | Long-Short | STLDX vs BDMIX | |
| AlphaSimplex Managed Futures Strategy Fund Class Y | 0.49 | 0.28 | 0.09 | 60 | Systematic Trend | STLDX vs ASFYX | |
| BlackRock Technology Opportunities Fund Investor A | 0.75 | 0.72 | 0.79 | 66 | Technology Equities | STLDX vs BGSAX | |
| Dimensional Retirement Income Fund | 0.77 | 0.82 | 0.79 | 77 | Target Retirement Date | STLDX vs TDIFX | |
| Fidelity Growth Company Fund | 0.79 | 0.76 | 0.82 | 74 | Large Cap Growth Equities | STLDX vs FDGRX |
See all 79 diversifiers for STLDX
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