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Looking to diversify beyond SWISX? The mutual funds below have historically moved differently from SWISX, 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 SWISX

7 mutual funds have low correlation with SWISX (below 0.3), 2 of which are negatively correlated. The least correlated is Fidelity Select Energy Portfolio (FSENX) (Energy Equities) with a 1Y correlation of -0.04, down from 0.32 over 5 years.

How candidates are selected

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Low-Correlation Stock Ideas

The table shows companies with at least $1B in market capitalization, historical correlation data for SWISX, 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 Altria Group, Inc. (MO) (Consumer Defensive) with a 1Y correlation of -0.17, down from 0.15 over 5 years.

How candidates are selected

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankSector
Altria Group, Inc.-0.170.040.15
66
Consumer Defensive
ConocoPhillips Company-0.170.040.21
72
Energy
Devon Energy Corporation-0.160.090.23
76
Energy
Occidental Petroleum Corporation-0.150.060.21
70
Energy
Chevron Corporation-0.150.080.22
80
Energy
See all 138 low-correlation stocks for SWISX

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