Looking to diversify beyond STLFX? The mutual funds below have the lowest correlation with STLFX — 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 STLFX.
Best Diversifiers for STLFX
0 mutual funds have low correlation with STLFX (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 0.39, up from 0.15 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| BlackRock Global Equity Market Neutral Fund Class ... | 0.39 | 0.24 | 0.15 | 96 | Equity Market Neutral | STLFX vs BDMIX | |
| AlphaSimplex Managed Futures Strategy Fund Class Y | 0.50 | 0.34 | 0.16 | 51 | Systematic Trend | STLFX vs ASFYX | |
| Dimensional Retirement Income Fund | 0.78 | 0.75 | 0.72 | 83 | Target Retirement Date | STLFX vs TDIFX | |
| Fidelity Managed Retirement 2010 Fund Class K6 | 0.79 | 0.73 | 0.72 | 84 | Target Retirement Date | STLFX vs FRQHX | |
| Fidelity Advisor Managed Retirement 2010 Fund Clas... | 0.79 | 0.73 | 0.73 | 67 | Target Retirement Date | STLFX vs FRQAX |
See all 84 diversifiers for STLFX
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