Looking to diversify beyond SWPPX? The mutual funds below have the lowest correlation with SWPPX — 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 SWPPX.
Best Diversifiers for SWPPX
11 mutual funds have low correlation with SWPPX (below 0.3), 1 of which are negatively correlated. The least correlated is Fidelity Select Energy Portfolio (FSENX) (Energy Equities) with a 1Y correlation of -0.06, down from 0.33 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity Select Energy Portfolio | -0.06 | 0.20 | 0.33 | 70 | Energy Equities | SWPPX vs FSENX | |
| Rydex Energy Fund | 0.04 | 0.28 | 0.40 | 58 | Energy Equities | SWPPX vs RYEIX | |
| Vanguard Short-Term Inflation-Protected Securities... | 0.07 | 0.09 | 0.15 | 89 | Inflation-Protected Bonds | SWPPX vs VTAPX | |
| Parametric Commodity Strategy Fund Class A | 0.11 | 0.14 | 0.20 | 73 | Commodities | SWPPX vs EAPCX | |
| Parametric Commodity Strategy Fund Class I | 0.13 | 0.15 | 0.21 | 74 | Commodities | SWPPX vs EIPCX |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from SWPPX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to SWPPX and solid risk/return profiles. The least correlated is Altria Group, Inc. (MO) (Consumer Defensive) with a 1Y correlation of -0.25, down from 0.13 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Altria Group, Inc. | -0.25 | -0.02 | 0.13 | 78 | Consumer Defensive | |
| Duke Energy Corporation | -0.21 | -0.03 | 0.12 | 65 | Utilities | |
| The Coca-Cola Company | -0.19 | 0.04 | 0.23 | 82 | Consumer Defensive | |
| Exxon Mobil Corporation | -0.18 | 0.03 | 0.20 | 76 | Energy | |
| Chevron Corporation | -0.18 | 0.07 | 0.23 | 73 | Energy |
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Build a portfolio that complements SWPPX
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