Looking to diversify beyond ACRNX? The mutual funds below have the lowest correlation with ACRNX — 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 ACRNX.
Best Diversifiers for ACRNX
0 mutual funds have low correlation with ACRNX (below 0.3), 0 of which are negatively correlated. The least correlated is Columbia Dividend Income Fund Institutional 3 Class (CDDYX) (Large Cap Value Equities) with a 1Y correlation of 0.66, roughly unchanged from 0.71 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Columbia Dividend Income Fund Institutional 3 Clas... | 0.66 | 0.71 | 0.71 | 68 | Large Cap Value Equities, Dividend | ACRNX vs CDDYX | |
| Columbia Dividend Income Fund | 0.66 | 0.71 | 0.71 | 68 | Large Cap Value Equities | ACRNX vs GSFTX | |
| Columbia Dividend Income Fund Class A | 0.66 | 0.70 | 0.71 | 66 | Large Cap Value Equities | ACRNX vs LBSAX | |
| Columbia Global Technology Growth Fund Class A | 0.69 | 0.71 | 0.80 | 83 | Technology Equities, Large Cap Growth Equities | ACRNX vs CTCAX | |
| Columbia Global Technology Growth Fund | 0.69 | 0.72 | 0.80 | 84 | Technology Equities | ACRNX vs CMTFX |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from ACRNX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to ACRNX and solid risk/return profiles. The least correlated is Chubb Limited (CB) (Financial Services) with a 1Y correlation of -0.06, down from 0.18 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Chubb Limited | -0.06 | 0.05 | 0.18 | 51 | Financial Services |
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