Looking to diversify beyond SWBRX? The mutual funds below have the lowest correlation with SWBRX — 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 SWBRX.
Best Diversifiers for SWBRX
0 mutual funds have low correlation with SWBRX (below 0.3), 0 of which are negatively correlated. The least correlated is Schwab Monthly Income Fund - Enhanced Payout (SWKRX) (Diversified Portfolio) with a 1Y correlation of 0.74, down from 0.86 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Schwab Monthly Income Fund - Enhanced Payout | 0.74 | 0.82 | 0.86 | 66 | Diversified Portfolio | SWBRX vs SWKRX | |
| Schwab Fundamental US Large Company Index Fund | 0.77 | 0.77 | 0.77 | 92 | Large Cap Value Equities | SWBRX vs SFLNX | |
| Schwab Small-Cap Index Fund-Select Shares | 0.79 | 0.75 | 0.76 | 69 | Small Cap Blend Equities | SWBRX vs SWSSX | |
| Voya Target Retirement 2040 Fund | 0.85 | 0.87 | 0.87 | 81 | Target Retirement Date | SWBRX vs IRSOX | |
| Dimensional 2060 Target Date Retirement Income Fun... | 0.85 | 0.84 | 0.85 | 81 | Target Retirement Date | SWBRX vs DRILX |
See all 70 diversifiers for SWBRX
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