Looking to diversify beyond SWNRX? The mutual funds below have historically moved differently from SWNRX, 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 SWNRX
0 mutual funds have low correlation with SWNRX (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 0.80, roughly unchanged from 0.74 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Dimensional Retirement Income Fund | 0.80 | 0.77 | 0.74 | 81 | Target Retirement Date | SWNRX vs TDIFX | |
| Dimensional 2015 Target Date Retirement Income Fun... | 0.80 | 0.71 | 0.66 | 53 | Target Retirement Date | SWNRX vs DRIQX | |
| Schwab Fundamental US Large Company Index Fund | 0.81 | 0.86 | 0.88 | 96 | Large Cap Value Equities | SWNRX vs SFLNX | |
| Fidelity Emerging Markets K | 0.81 | 0.76 | 0.77 | 51 | Emerging Markets Equities | SWNRX vs FKEMX | |
| MFS Lifetime Income Fund | 0.83 | 0.78 | 0.79 | 66 | Target Retirement Date | SWNRX vs MLLIX |
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