Looking to diversify beyond STMDX? The mutual funds below have the lowest correlation with STMDX — 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 STMDX.
Best Diversifiers for STMDX
5 mutual funds have low correlation with STMDX (below 0.3), 2 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| TIAA Real Estate Account | -0.18 | — | — | 98 | REIT | STMDX vs QREARX | |
| Redwood Real Estate Income Fund | -0.03 | -0.01 | -0.01 | 100 | REIT | STMDX vs CREMX | |
| Sterling Capital West Virginia Intermediate Tax-Fr... | 0.20 | 0.26 | 0.22 | 66 | Municipal Bonds | STMDX vs OWVAX | |
| Sterling Capital South Carolina Intermediate Tax-F... | 0.22 | 0.25 | 0.21 | 59 | Municipal Bonds | STMDX vs BSCIX | |
| Sterling Capital Virginia Intermediate Tax Free Fu... | 0.25 | 0.27 | 0.23 | 51 | Municipal Bonds | STMDX vs BVATX |
See all 9 diversifiers for STMDX
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