Looking to diversify beyond USBSX? The mutual funds below have the lowest correlation with USBSX — 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 USBSX.
Best Diversifiers for USBSX
2 mutual funds have low correlation with USBSX (below 0.3), 0 of which are negatively correlated. The least correlated is MH Elite Small Cap Fund of Funds Fund (MHELX) (Diversified Portfolio) with a 1Y correlation of 0.02, down from 0.45 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| MH Elite Small Cap Fund of Funds Fund | 0.02 | 0.15 | 0.45 | 70 | Diversified Portfolio | USBSX vs MHELX | |
| Victory Pioneer Cat Bond Fund Class Y | 0.03 | — | — | 100 | Nontraditional Bonds | USBSX vs CBYYX | |
| Concorde Wealth Management Fund | 0.42 | 0.61 | 0.70 | 55 | Diversified Portfolio | USBSX vs CONWX | |
| Fidelity Advisor Strategic Real Return Fund Class ... | 0.43 | 0.64 | 0.68 | 86 | Diversified Portfolio | USBSX vs FSIRX | |
| Fidelity Advisor Strategic Real Return Fund Class ... | 0.43 | 0.63 | 0.67 | 82 | Diversified Portfolio | USBSX vs FCSRX |
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