Looking to diversify beyond SWYDX? The mutual funds below have the lowest correlation with SWYDX — 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 SWYDX.
Best Diversifiers for SWYDX
0 mutual funds have low correlation with SWYDX (below 0.3), 0 of which are negatively correlated. The least correlated is Schwab Monthly Income Fund - Enhanced Payout (SWKRX) (Diversified Portfolio) with a 1Y correlation of 0.73, down from 0.85 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Schwab Monthly Income Fund - Enhanced Payout | 0.73 | 0.82 | 0.85 | 66 | Diversified Portfolio | SWYDX vs SWKRX | |
| Schwab Fundamental US Large Company Index Fund | 0.80 | 0.82 | 0.84 | 92 | Large Cap Value Equities | SWYDX vs SFLNX | |
| Schwab Small-Cap Index Fund-Select Shares | 0.81 | 0.79 | 0.82 | 69 | Small Cap Blend Equities | SWYDX vs SWSSX | |
| Dimensional Retirement Income Fund | 0.84 | 0.87 | 0.84 | 77 | Target Retirement Date | SWYDX vs TDIFX | |
| Dimensional 2060 Target Date Retirement Income Fun... | 0.86 | 0.88 | 0.91 | 81 | Target Retirement Date | SWYDX vs DRILX |
See all 72 diversifiers for SWYDX
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