Looking to diversify beyond STPAX? The mutual funds below have the lowest correlation with STPAX — 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 STPAX.
Best Diversifiers for STPAX
1 mutual funds have low correlation with STPAX (below 0.3), 0 of which are negatively correlated. The least correlated is Saratoga Municipal Bond Portfolio (SMBPX) (Ultrashort Bond) with a 1Y correlation of 0.05, roughly unchanged from 0.04 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Saratoga Municipal Bond Portfolio | 0.05 | 0.04 | 0.04 | 91 | Ultrashort Bond | STPAX vs SMBPX | |
| ARK Venture Fund | 0.40 | 0.53 | — | 99 | Technology Equities | STPAX vs ARKVX | |
| Gabelli Global Content & Connectivity Fund Class I | 0.54 | 0.60 | 0.71 | 72 | Technology Equities | STPAX vs GTTIX | |
| Saratoga Mid Capitalization Portfolio | 0.59 | 0.68 | 0.73 | 54 | Mid Cap Blend Equities | STPAX vs SPMAX | |
| Saratoga Small Capitalization Portfolio | 0.66 | 0.69 | 0.73 | 59 | Small Cap Growth Equities | STPAX vs SSCPX |
See all 53 diversifiers for STPAX
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