Looking to diversify beyond SWANX? The mutual funds below have historically moved differently from SWANX, 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 SWANX
0 mutual funds have low correlation with SWANX (below 0.3), 0 of which are negatively correlated. The least correlated is Goldman Sachs Strategic Volatility Premium Fund (SVPFX) (Large Cap Blend Equities) with a 1Y correlation of 0.34, up from 0.14 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Goldman Sachs Strategic Volatility Premium Fund | 0.34 | 0.15 | 0.14 | 95 | Large Cap Blend Equities | SWANX vs SVPFX | |
| Federated Hermes MDT All Cap Core Fund | 0.49 | 0.61 | 0.78 | 58 | Large Cap Blend Equities | SWANX vs QIACX | |
| Federated Hermes MDT All Cap Core Fund Class R6 | 0.49 | 0.61 | 0.78 | 58 | Large Cap Blend Equities | SWANX vs QKACX | |
| North Square Preferred and Income Securities Fund | 0.50 | 0.33 | 0.39 | 57 | Preferred Stock | SWANX vs ORDNX | |
| Rock Oak Core Growth Fund | 0.52 | 0.65 | 0.76 | 92 | Large Cap Blend Equities | SWANX vs RCKSX |
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Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for SWANX, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is BlackRock Science and Technology Term Trust (BSTZ) (Financial Services) with a 1Y correlation of 0.56, down from 0.70 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| BlackRock Science and Technology Term Trust | 0.56 | 0.65 | 0.70 | 89 | Financial Services |
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