Looking to diversify beyond SYMIX? The mutual funds below have the lowest correlation with SYMIX — 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 SYMIX.
Best Diversifiers for SYMIX
13 mutual funds have low correlation with SYMIX (below 0.3), 5 of which are negatively correlated. The least correlated is GuideStone Funds Strategic Alternatives Fund (GFSYX) (Multistrategy) with a 1Y correlation of -0.14, down from -0.01 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| GuideStone Funds Strategic Alternatives Fund | -0.15 | -0.06 | -0.01 | 88 | Multistrategy | SYMIX vs GFSYX | |
| Stone Ridge Diversified Alternatives Fund | -0.08 | -0.12 | -0.07 | 93 | Multistrategy | SYMIX vs SRDAX | |
| AQR Style Premia Alternative R6 | -0.03 | 0.00 | 0.08 | 78 | Multistrategy | SYMIX vs QSPRX | |
| AQR Style Premia Alternative Fund | -0.02 | 0.01 | 0.08 | 78 | Multistrategy | SYMIX vs QSPIX | |
| AQR Style Premia Alternative Fund Class N | -0.02 | 0.01 | 0.08 | 76 | Multistrategy | SYMIX vs QSPNX |
See all 38 diversifiers for SYMIX
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Diversification Analysis
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