Looking to diversify beyond SWASX? The mutual funds below have the lowest correlation with SWASX — 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 SWASX.
Best Diversifiers for SWASX
3 mutual funds have low correlation with SWASX (below 0.3), 2 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| TIAA Real Estate Account | -0.25 | — | — | 99 | REIT | SWASX vs QREARX | |
| Parametric Commodity Strategy Fund Class A | -0.03 | 0.08 | 0.17 | 73 | Commodities | SWASX vs EAPCX | |
| Redwood Real Estate Income Fund | 0.02 | — | — | 100 | REIT | SWASX vs CREMX | |
| Schwab S&P 500 Index Fund | 0.36 | 0.52 | 0.63 | 65 | Large Cap Blend Equities, S&P 500 | SWASX vs SWPPX | |
| Schwab 1000 Index Fund | 0.36 | 0.54 | 0.64 | 61 | Large Cap Blend Equities | SWASX vs SNXFX |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from SWASX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to SWASX and solid risk/return profiles. The least correlated is Realty Income Corporation (O) (Real Estate) with a 1Y correlation of 0.64, roughly unchanged from 0.68 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Realty Income Corporation | 0.64 | 0.63 | 0.68 | 74 | Real Estate |
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