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Schwab Core Equity Fund™ (SWANX) Diversifiers

Mutual Fund · Currency in USD · Last updated Jun 4, 2026

To pursue its investment objective, the fund invests primarily in U.S. stocks. Under normal circumstances, it pursues its goal by investing at least 80% of its net assets (including, for this purpose, any borrowings for investment purposes) in equity securities of U.S. companies. The fund may invest in derivatives, principally futures contracts, primarily to seek returns on the fund's otherwise uninvested cash assets. It may invest in exchange-traded funds (ETFs) and stocks of real estate investment trusts (REITs).

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

Best Diversifiers for SWANX

2 mutual funds have low correlation with SWANX (below 0.3), 0 of which are negatively correlated. The least correlated is Vanguard Short-Term Investment-Grade Fund Admiral Shares (VFSUX) (Total Bond Market) with a 1Y correlation of 0.25, up from 0.14 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
VFSUX
Vanguard Short-Term Investment-Grade Fund Admiral ...0.250.140.14
61
Total Bond MarketSWANX vs VFSUX
SVPFX
Goldman Sachs Strategic Volatility Premium Fund0.250.130.12
73
Large Cap Blend EquitiesSWANX vs SVPFX
QIACX
Federated Hermes MDT All Cap Core Fund0.330.600.78
56
Large Cap Blend EquitiesSWANX vs QIACX
QKACX
Federated Hermes MDT All Cap Core Fund Class R60.330.600.78
56
Large Cap Blend EquitiesSWANX vs QKACX
ORDNX
North Square Preferred and Income Securities Fund0.450.310.40
72
Large Cap Blend EquitiesSWANX vs ORDNX
See all 54 diversifiers for SWANX

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Low-Correlation Stock Ideas

If you're looking for individual stocks that move independently from SWANX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to SWANX and solid risk/return profiles. The least correlated is BlackRock Science and Technology Trust II (BSTZ) (Financial Services) with a 1Y correlation of 0.54, down from 0.65 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankSector
BSTZ
BlackRock Science and Technology Trust II0.540.620.65
95
Financial Services

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