Looking to diversify beyond SVAAX? The mutual funds below have the lowest correlation with SVAAX — 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 SVAAX.
Best Diversifiers for SVAAX
12 mutual funds have low correlation with SVAAX (below 0.3), 1 of which are negatively correlated. The least correlated is Fidelity Capital & Income Fund (FAGIX) (High Yield Bonds) with a 1Y correlation of -0.03, down from 0.38 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity Capital & Income Fund | -0.03 | 0.25 | 0.38 | 85 | High Yield Bonds | SVAAX vs FAGIX | |
| American Funds Fundamental Investors® Class F-2 | 0.05 | 0.26 | 0.47 | 65 | Large Cap Blend Equities, Dividend | SVAAX vs FINFX | |
| AMG Yacktman Focused Fund | 0.06 | 0.39 | 0.56 | 86 | Large Cap Value Equities | SVAAX vs YAFFX | |
| Federated Hermes MDT All Cap Core Fund Class R6 | 0.06 | 0.28 | 0.47 | 51 | Large Cap Blend Equities | SVAAX vs QKACX | |
| Fidelity Advisor 529 Dividend Growth Portfolio Cla... | 0.08 | 0.34 | 0.53 | 83 | Dividend | SVAAX vs FDGDX |
See all 25 diversifiers for SVAAX
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