Looking to diversify beyond SWNRX? The mutual funds below have the lowest correlation with SWNRX — 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 SWNRX.
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 T. Rowe Price Science And Technology Fund (PRSCX) (Technology Equities) with a 1Y correlation of 0.73, roughly unchanged from 0.80 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| T. Rowe Price Science And Technology Fund | 0.73 | 0.76 | 0.80 | 87 | Technology Equities | SWNRX vs PRSCX | |
| Dimensional Retirement Income Fund | 0.78 | 0.77 | 0.74 | 77 | Target Retirement Date | SWNRX vs TDIFX | |
| Fidelity Emerging Markets K | 0.79 | 0.76 | 0.76 | 82 | Emerging Markets Equities | SWNRX vs FKEMX | |
| Fidelity Small Cap Index Fund | 0.81 | 0.81 | 0.82 | 69 | Small Cap Blend Equities | SWNRX vs FSSNX | |
| Fidelity Advisor Managed Retirement 2010 Fund Clas... | 0.83 | 0.74 | 0.74 | 65 | Target Retirement Date | SWNRX vs FRQIX |
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