Looking to diversify beyond SWISX? The mutual funds below have the lowest correlation with SWISX — 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 SWISX.
Best Diversifiers for SWISX
5 mutual funds have low correlation with SWISX (below 0.3), 0 of which are negatively correlated. The least correlated is Vanguard Short-Term Inflation-Protected Securities Index Fund Admiral Shares (VTAPX) (Inflation-Protected Bonds) with a 1Y correlation of 0.11, down from 0.21 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard Short-Term Inflation-Protected Securities... | 0.11 | 0.20 | 0.21 | 89 | Inflation-Protected Bonds | SWISX vs VTAPX | |
| Parametric Commodity Strategy Fund Class A | 0.13 | 0.25 | 0.31 | 55 | Commodities | SWISX vs EAPCX | |
| Fidelity Floating Rate High Income Fund | 0.19 | 0.24 | 0.31 | 92 | Bank Loan | SWISX vs FFRHX | |
| Schwab California Tax-Free Bond Fund™ | 0.26 | 0.18 | 0.15 | 66 | Municipal Bonds | SWISX vs SWCAX | |
| Schwab Tax-Free Bond Fund™ | 0.27 | 0.20 | 0.17 | 69 | Municipal Bonds | SWISX vs SWNTX |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from SWISX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to SWISX and solid risk/return profiles. The least correlated is Altria Group, Inc. (MO) (Consumer Defensive) with a 1Y correlation of -0.12, down from 0.18 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Altria Group, Inc. | -0.12 | 0.08 | 0.18 | 70 | Consumer Defensive | |
| ConocoPhillips Company | -0.11 | 0.05 | 0.21 | 61 | Energy | |
| Exxon Mobil Corporation | -0.10 | 0.07 | 0.21 | 68 | Energy | |
| Energy Transfer LP | -0.07 | 0.18 | 0.30 | 67 | Energy | |
| Chevron Corporation | -0.07 | 0.09 | 0.23 | 68 | Energy |
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