Looking to diversify beyond SUBFX? The mutual funds below have historically moved differently from SUBFX, 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 SUBFX
11 mutual funds have low correlation with SUBFX (below 0.3), 2 of which are negatively correlated. The least correlated is Vanguard Commodity Strategy Fund Admiral Shares (VCMDX) (Commodities) with a 1Y correlation of -0.21, down from 0.09 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard Commodity Strategy Fund Admiral Shares | -0.21 | 0.01 | 0.09 | 69 | Commodities | SUBFX vs VCMDX | |
| Artisan Global Unconstrained Fund | -0.19 | -0.32 | — | 99 | Nontraditional Bonds | SUBFX vs APFPX | |
| Victory Pioneer Cat Bond Fund Class Y | 0.02 | — | — | 100 | Nontraditional Bonds | SUBFX vs CBYYX | |
| Cliffwater Enhanced Lending Fund | 0.03 | 0.04 | 0.06 | 100 | Nontraditional Bonds | SUBFX vs CELFX | |
| PGIM Securitized Credit Fund | 0.06 | -0.03 | -0.00 | 100 | Nontraditional Bonds | SUBFX vs SCFZX |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements SUBFX
Add SUBFX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with SUBFX