Looking to diversify beyond STLEX? The mutual funds below have historically moved differently from STLEX, 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 STLEX
0 mutual funds have low correlation with STLEX (below 0.3), 0 of which are negatively correlated. The least correlated is BlackRock Global Equity Market Neutral Fund Class I (BDMIX) (Equity Market Neutral) with a 1Y correlation of 0.40, up from 0.15 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| BlackRock Global Equity Market Neutral Fund Class ... | 0.40 | 0.23 | 0.15 | 97 | Equity Market Neutral | STLEX vs BDMIX | |
| Virtus AlphaSimplex Managed Futures Strategy Fund ... | 0.48 | 0.33 | 0.13 | 66 | Systematic Trend | STLEX vs ASFYX | |
| BlackRock Enhanced Equity Dividend Trust | 0.65 | 0.64 | 0.70 | 64 | Derivative Income | STLEX vs BDJ | |
| Vanguard Dividend Appreciation Index Fund Admiral ... | 0.78 | 0.81 | 0.85 | 74 | Dividend, Large Cap Blend Equities | STLEX vs VDADX | |
| Dimensional Retirement Income Fund | 0.80 | 0.77 | 0.74 | 81 | Target Retirement Date | STLEX vs TDIFX |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements STLEX
Add STLEX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with STLEX