Looking to diversify beyond SWJRX? The mutual funds below have the lowest correlation with SWJRX — 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 SWJRX.
Best Diversifiers for SWJRX
1 mutual funds have low correlation with SWJRX (below 0.3), 1 of which are negatively correlated. The least correlated is MH Elite Small Cap Fund of Funds Fund (MHELX) (Diversified Portfolio) with a 1Y correlation of -0.01, down from 0.41 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| MH Elite Small Cap Fund of Funds Fund | -0.01 | 0.12 | 0.41 | 67 | Diversified Portfolio | SWJRX vs MHELX | |
| Schwab Tax-Free Bond Fund™ | 0.35 | 0.36 | 0.31 | 69 | Municipal Bonds | SWJRX vs SWNTX | |
| SEI Asset Allocation Trust Defensive Strategy Allo... | 0.39 | 0.42 | 0.47 | 99 | Diversified Portfolio | SWJRX vs STDAX | |
| Standpoint Multi-Asset Fund Institutional | 0.39 | 0.42 | 0.43 | 81 | Diversified Portfolio | SWJRX vs BLNDX | |
| Allspring Diversified Capital Builder Fund | 0.42 | 0.51 | 0.63 | 95 | Diversified Portfolio | SWJRX vs EKBAX |
See all 42 diversifiers for SWJRX
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