Looking to diversify beyond STNFX? The mutual funds below have the lowest correlation with STNFX — 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 STNFX.
Best Diversifiers for STNFX
2 mutual funds have low correlation with STNFX (below 0.3), 0 of which are negatively correlated. The least correlated is Allspring Ultra Short-Term Income Fund (SADIX) (Ultrashort Bond) with a 1Y correlation of 0.12, roughly unchanged from 0.11 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Allspring Ultra Short-Term Income Fund | 0.12 | 0.05 | 0.11 | 98 | Ultrashort Bond | STNFX vs SADIX | |
| Allspring Short-Term Bond Plus Fund | 0.27 | 0.13 | 0.14 | 81 | Short-Term Bond | STNFX vs SSHIX | |
| Allspring Small Company Value Fund | 0.46 | 0.52 | 0.60 | 51 | Small Cap Value Equities | STNFX vs SCVAX | |
| Baron Partners Fund | 0.47 | 0.56 | 0.66 | 72 | Large Cap Growth Equities | STNFX vs BPTRX | |
| ICON Equity Fund | 0.54 | 0.53 | 0.66 | 84 | Large Cap Growth Equities | STNFX vs IOLZX |
See all 33 diversifiers for STNFX
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