Looking to diversify beyond SWYJX? The mutual funds below have the lowest correlation with SWYJX — 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 SWYJX.
Best Diversifiers for SWYJX
0 mutual funds have low correlation with SWYJX (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 0.75, roughly unchanged from 0.74 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Dimensional Retirement Income Fund | 0.75 | 0.77 | 0.74 | 83 | Target Retirement Date | SWYJX vs TDIFX | |
| Fidelity Freedom Blend Income Fund Class K6 | 0.81 | 0.73 | 0.70 | 77 | Target Retirement Date | SWYJX vs FHRDX | |
| Fidelity Managed Retirement 2010 Fund Class K6 | 0.81 | 0.75 | 0.75 | 75 | Target Retirement Date | SWYJX vs FRQHX | |
| Fidelity Managed Retirement Income Fund Class K6 | 0.81 | 0.74 | 0.71 | 75 | Target Retirement Date | SWYJX vs FRHMX | |
| Fidelity Managed Retirement 2010 Fund Class K | 0.81 | 0.75 | 0.75 | 74 | Target Retirement Date | SWYJX vs FRQKX |
See all 70 diversifiers for SWYJX
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