Looking to diversify beyond SWYMX? The mutual funds below have the lowest correlation with SWYMX — 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 SWYMX.
Best Diversifiers for SWYMX
0 mutual funds have low correlation with SWYMX (below 0.3), 0 of which are negatively correlated. The least correlated is American Funds American High-Income Trust® Class R-6 (RITGX) (High Yield Bonds) with a 1Y correlation of 0.67, roughly unchanged from 0.59 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| American Funds American High-Income Trust® Class R... | 0.67 | 0.60 | 0.59 | 82 | High Yield Bonds | SWYMX vs RITGX | |
| Vanguard Equity Income Fund Admiral Shares | 0.73 | 0.77 | 0.81 | 61 | Large Cap Value Equities | SWYMX vs VEIRX | |
| Vanguard Emerging Markets Stock Index Fund Institu... | 0.77 | 0.71 | 0.71 | 52 | Emerging Markets Equities | SWYMX vs VEMIX | |
| Dimensional Retirement Income Fund | 0.78 | 0.79 | 0.75 | 77 | Target Retirement Date | SWYMX vs TDIFX | |
| Fidelity Advisor Managed Retirement 2010 Fund Clas... | 0.83 | 0.77 | 0.76 | 65 | Target Retirement Date | SWYMX vs FRQIX |
See all 85 diversifiers for SWYMX
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