Looking to diversify beyond SWERX? The mutual funds below have historically moved differently from SWERX, 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 SWERX
0 mutual funds have low correlation with SWERX (below 0.3), 0 of which are negatively correlated. The least correlated is Schwab Dividend Equity Fund™ (SWDSX) (Large Cap Value Equities) with a 1Y correlation of 0.55, down from 0.77 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Schwab Dividend Equity Fund™ | 0.55 | 0.70 | 0.77 | 75 | Large Cap Value Equities | SWERX vs SWDSX | |
| Dimensional Retirement Income Fund | 0.81 | 0.79 | 0.76 | 81 | Target Retirement Date | SWERX vs TDIFX | |
| Schwab Fundamental US Large Company Index Fund | 0.81 | 0.87 | 0.88 | 96 | Large Cap Value Equities | SWERX vs SFLNX | |
| Dimensional 2015 Target Date Retirement Income Fun... | 0.83 | 0.74 | 0.68 | 53 | Target Retirement Date | SWERX vs DRIQX | |
| MFS Lifetime Income Fund | 0.85 | 0.81 | 0.81 | 66 | Target Retirement Date | SWERX vs MLLIX |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for SWERX, 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 Apple Inc (AAPL) (Technology) with a 1Y correlation of 0.43, down from 0.59 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Apple Inc | 0.43 | 0.47 | 0.60 | 89 | Technology |
Build a portfolio that complements SWERX
Add SWERX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with SWERX