Looking to diversify beyond SWYHX? The mutual funds below have the lowest correlation with SWYHX — 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 SWYHX.
Best Diversifiers for SWYHX
0 mutual funds have low correlation with SWYHX (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 0.79, roughly unchanged from 0.76 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Dimensional Retirement Income Fund | 0.79 | 0.79 | 0.76 | 70 | Target Retirement Date | SWYHX vs TDIFX | |
| Fidelity Managed Retirement 2010 Fund Class K6 | 0.84 | 0.77 | 0.76 | 70 | Target Retirement Date | SWYHX vs FRQHX | |
| Fidelity Advisor Managed Retirement 2010 Fund Clas... | 0.84 | 0.77 | 0.76 | 65 | Target Retirement Date | SWYHX vs FRQIX | |
| Fidelity Managed Retirement Income Fund | 0.84 | 0.76 | 0.73 | 66 | Target Retirement Date | SWYHX vs FIRMX | |
| Fidelity Managed Retirement 2010 Fund Class K | 0.84 | 0.77 | 0.76 | 68 | Target Retirement Date | SWYHX vs FRQKX |
See all 70 diversifiers for SWYHX
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