Looking to diversify beyond SWLRX? The mutual funds below have historically moved differently from SWLRX, 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 SWLRX
3 mutual funds have low correlation with SWLRX (below 0.3), 0 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 0.29 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| MH Elite Small Cap Fund of Funds Fund | 0.01 | 0.09 | 0.29 | 68 | Diversified Portfolio | SWLRX vs MHELX | |
| SEI Institutional Managed Trust Multi-Asset Inflat... | 0.10 | 0.21 | 0.24 | 83 | Diversified Portfolio | SWLRX vs SIFAX | |
| Standpoint Multi-Asset Fund Institutional | 0.30 | 0.32 | 0.26 | 87 | Diversified Portfolio | SWLRX vs BLNDX | |
| Allspring Diversified Capital Builder Fund | 0.32 | 0.42 | 0.49 | 88 | Diversified Portfolio | SWLRX vs EKBAX | |
| AB Emerging Markets Multi-Asset Portfolio | 0.36 | 0.43 | 0.47 | 62 | Diversified Portfolio | SWLRX vs ABIEX |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements SWLRX
Add SWLRX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with SWLRX