Looking to diversify beyond SWLSX? The mutual funds below have the lowest correlation with SWLSX — 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 SWLSX.
Best Diversifiers for SWLSX
5 mutual funds have low correlation with SWLSX (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 0.00, down from 0.12 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard Short-Term Inflation-Protected Securities... | 0.00 | 0.04 | 0.12 | 89 | Inflation-Protected Bonds | SWLSX vs VTAPX | |
| Schwab Tax-Free Bond Fund™ | 0.14 | 0.11 | 0.11 | 69 | Municipal Bonds | SWLSX vs SWNTX | |
| Schwab California Tax-Free Bond Fund™ | 0.14 | 0.09 | 0.09 | 66 | Municipal Bonds | SWLSX vs SWCAX | |
| Schwab Opportunistic Municipal Bond Fund | 0.19 | 0.11 | 0.10 | 76 | Municipal Bonds | SWLSX vs SWHYX | |
| Fidelity Floating Rate High Income Fund | 0.29 | 0.28 | 0.29 | 92 | Bank Loan | SWLSX vs FFRHX |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from SWLSX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to SWLSX and solid risk/return profiles. The least correlated is Duke Energy Corporation (DUK) (Utilities) with a 1Y correlation of -0.28, down from -0.01 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Duke Energy Corporation | -0.28 | -0.16 | -0.01 | 62 | Utilities | |
| Exxon Mobil Corporation | -0.26 | -0.08 | 0.06 | 68 | Energy | |
| The Coca-Cola Company | -0.25 | -0.08 | 0.12 | 74 | Consumer Defensive | |
| Altria Group, Inc. | -0.24 | -0.10 | 0.02 | 70 | Consumer Defensive | |
| ConocoPhillips Company | -0.24 | -0.04 | 0.09 | 61 | Energy |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements SWLSX
Add SWLSX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with SWLSX