Looking to diversify beyond SVARX? The mutual funds below have the lowest correlation with SVARX — 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 SVARX.
Best Diversifiers for SVARX
12 mutual funds have low correlation with SVARX (below 0.3), 2 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Victory Pioneer Cat Bond Fund Class Y | -0.03 | — | — | 100 | Nontraditional Bonds | SVARX vs CBYYX | |
| Artisan Global Unconstrained Fund | -0.03 | -0.14 | — | 99 | Nontraditional Bonds | SVARX vs APFPX | |
| T. Rowe Price Dynamic Credit Fund | 0.04 | 0.10 | 0.09 | 78 | Nontraditional Bonds | SVARX vs RPIDX | |
| Putnam Mortgage Opportunities Fund | 0.05 | 0.02 | 0.10 | 74 | Nontraditional Bonds | SVARX vs PMOTX | |
| PGIM Securitized Credit Fund | 0.06 | 0.00 | 0.07 | 99 | Nontraditional Bonds | SVARX vs SCFZX |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from SVARX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to SVARX and solid risk/return profiles. The least correlated is Walmart Inc. (WMT) (Consumer Defensive) with a 1Y correlation of 0.03, roughly unchanged from 0.12 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Walmart Inc. | 0.03 | 0.07 | 0.12 | 69 | Consumer Defensive | |
| NVIDIA Corporation | 0.16 | 0.20 | 0.23 | 76 | Technology | |
| Broadcom Inc. | 0.26 | 0.20 | 0.23 | 75 | Technology |
Build a portfolio that complements SVARX
Add SVARX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with SVARX