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Looking to diversify beyond SWRSX? The mutual funds below have historically moved differently from SWRSX, 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 SWRSX

10 mutual funds have low correlation with SWRSX (below 0.3), 0 of which are negatively correlated. The least correlated is Parametric Commodity Strategy Fund Class A (EAPCX) (Commodities) with a 1Y correlation of 0.01, down from 0.12 over 5 years.

How candidates are selected

See all 32 diversifiers for SWRSX

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Low-Correlation Stock Ideas

The table shows companies with at least $1B in market capitalization, historical correlation data for SWRSX, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is NVIDIA Corporation (NVDA) (Technology) with a 1Y correlation of 0.02, roughly unchanged from 0.07 over 5 years.

How candidates are selected

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankSector
NVIDIA Corporation0.020.020.07
56
Technology
Alphabet Inc. Class A0.200.110.14
95
Communication Services
Royal Gold, Inc.0.220.250.30
66
Basic Materials

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