Looking to diversify beyond STSGX? The mutual funds below have historically moved differently from STSGX, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for STSGX
0 mutual funds have low correlation with STSGX (below 0.3), 0 of which are negatively correlated. The least correlated is American Beacon Developing World Income Fund Class Y (AGEYX) (Emerging Markets Bonds) with a 1Y correlation of 0.33, roughly unchanged from 0.28 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| American Beacon Developing World Income Fund Class... | 0.33 | 0.29 | 0.28 | 99 | Emerging Markets Bonds | STSGX vs AGEYX | |
| American Beacon Frontier Markets Income Fund | 0.34 | 0.27 | 0.28 | 99 | Emerging Markets Bonds | STSGX vs AGEPX | |
| American Beacon AHL Managed Futures Strategy Fund | 0.38 | 0.21 | 0.08 | 91 | Systematic Trend | STSGX vs AHLPX | |
| American Beacon AHL TargetRisk Fund | 0.54 | 0.54 | 0.53 | 66 | Tactical Allocation | STSGX vs AHTPX | |
| American Beacon SiM High Yld Opps Fund | 0.55 | 0.45 | 0.47 | 96 | High Yield Bonds | STSGX vs SHYPX |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements STSGX
Add STSGX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with STSGX