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Looking to diversify beyond SVAIX? The mutual funds below have the lowest correlation with SVAIX — 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 SVAIX.

Best Diversifiers for SVAIX

46 mutual funds have low correlation with SVAIX (below 0.3), 1 of which are negatively correlated. The least correlated is Federated Hermes Project and Trade Finance Tender Fund (XPTFX) (Bank Loan) with a 1Y correlation of -0.03, roughly unchanged from 0.06 over 5 years.


See all 247 diversifiers for SVAIX

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Low-Correlation Stock Ideas

If you're looking for individual stocks that move independently from SVAIX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to SVAIX and solid risk/return profiles. The least correlated is Exxon Mobil Corporation (XOM) (Energy) with a 1Y correlation of 0.16, down from 0.41 over 5 years.


SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankSector
Exxon Mobil Corporation0.160.280.41
68
Energy
Morgan Stanley0.190.350.46
92
Financial Services
JPMorgan Chase & Co.0.300.380.50
69
Financial Services
Johnson & Johnson0.420.430.45
95
Healthcare

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Diversification Analysis

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