Looking to diversify beyond XSLCX? The mutual funds below have the lowest correlation with XSLCX — 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 XSLCX.
Best Diversifiers for XSLCX
9 mutual funds have low correlation with XSLCX (below 0.3), 2 of which are negatively correlated. The least correlated is Federated Hermes Project and Trade Finance Tender Fund (XPTFX) (Bank Loan) with a 1Y correlation of -0.05, down from 0.06 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Federated Hermes Project and Trade Finance Tender ... | -0.05 | 0.02 | 0.06 | 84 | Bank Loan | XSLCX vs XPTFX | |
| Calamos Aksia Alternative Credit and Income Fund C... | -0.02 | — | — | 98 | Bank Loan | XSLCX vs CAPIX | |
| RiverPark Floating Rate CMBS Fund | 0.08 | 0.10 | 0.16 | 100 | Bank Loan | XSLCX vs RCRIX | |
| Invesco Small Cap Value Fund | 0.10 | 0.22 | 0.32 | 87 | Small Cap Value Equities | XSLCX vs VSCAX | |
| Invesco Value Opportunities Fund | 0.12 | 0.22 | 0.32 | 81 | Mid Cap Value Equities | XSLCX vs VVOAX |
See all 19 diversifiers for XSLCX
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