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
10 mutual funds have low correlation with SYMIX (below 0.3), 1 of which are negatively correlated. The least correlated is Stone Ridge Diversified Alternatives Fund (SRDAX) (Multistrategy) with a 1Y correlation of -0.10, roughly unchanged from -0.07 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Stone Ridge Diversified Alternatives Fund | -0.10 | -0.13 | -0.07 | 83 | Multistrategy | SYMIX vs SRDAX | |
| AQR Diversified Arbitrage Fund Class N | 0.07 | 0.19 | 0.27 | 99 | Multistrategy | SYMIX vs ADANX | |
| FS Credit Income Fund Class I | 0.07 | 0.21 | 0.26 | 97 | Multistrategy | SYMIX vs FCRIX | |
| Stone Ridge Reinsurance Risk Premium Interval Fund | 0.09 | 0.08 | 0.02 | 100 | Multistrategy | SYMIX vs SRRIX | |
| Stone Ridge High Yield Reinsurance Risk Premium Fu... | 0.11 | 0.06 | 0.02 | 98 | Multistrategy | SYMIX vs SHRIX |
See all 34 diversifiers for SYMIX
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Diversification Analysis
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