Looking to diversify beyond STSGX? The mutual funds below have the lowest correlation with STSGX — 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 STSGX.
Best Diversifiers for STSGX
1 mutual funds have low correlation with STSGX (below 0.3), 0 of which are negatively correlated. The least correlated is American Beacon Frontier Markets Income Fund (AGEPX) (Emerging Markets Bonds) with a 1Y correlation of 0.27, roughly unchanged from 0.27 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| American Beacon Frontier Markets Income Fund | 0.27 | 0.25 | 0.27 | 98 | Emerging Markets Bonds | STSGX vs AGEPX | |
| American Beacon AHL Managed Futures Strategy Fund | 0.38 | 0.21 | 0.08 | 88 | Systematic Trend | STSGX vs AHLPX | |
| American Beacon AHL TargetRisk Fund | 0.50 | 0.53 | 0.52 | 63 | Tactical Allocation | STSGX vs AHTPX | |
| American Beacon SiM High Yld Opps Fund | 0.50 | 0.44 | 0.46 | 96 | High Yield Bonds | STSGX vs SHYPX | |
| American Beacon Tocqueville International Value Fu... | 0.58 | 0.61 | 0.66 | 93 | Foreign Large Cap Equities | STSGX vs TIVFX |
See all 15 diversifiers for STSGX
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