Looking to diversify beyond SWMRX? The mutual funds below have the lowest correlation with SWMRX — 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 SWMRX.
Best Diversifiers for SWMRX
0 mutual funds have low correlation with SWMRX (below 0.3), 0 of which are negatively correlated. The least correlated is Dimensional Retirement Income Fund (TDIFX) (Target Retirement Date) with a 1Y correlation of 0.78, roughly unchanged from 0.75 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Dimensional Retirement Income Fund | 0.78 | 0.78 | 0.75 | 77 | Target Retirement Date | SWMRX vs TDIFX | |
| Fidelity Advisor Managed Retirement 2010 Fund Clas... | 0.83 | 0.75 | 0.75 | 65 | Target Retirement Date | SWMRX vs FRQIX | |
| Fidelity Managed Retirement Income Fund | 0.83 | 0.74 | 0.72 | 66 | Target Retirement Date | SWMRX vs FIRMX | |
| MFS Lifetime 2025 Fund | 0.83 | 0.82 | 0.86 | 61 | Target Retirement Date | SWMRX vs LTTIX | |
| Fidelity Advisor Managed Retirement 2010 Fund Clas... | 0.83 | 0.75 | 0.75 | 61 | Target Retirement Date | SWMRX vs FRQAX |
See all 65 diversifiers for SWMRX
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements SWMRX
Add SWMRX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with SWMRX