Looking to diversify beyond CADUX? The mutual funds below have historically moved differently from CADUX, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for CADUX
15 mutual funds have low correlation with CADUX (below 0.3), 0 of which are negatively correlated. The least correlated is Rational Special Situations Income Fund (RFXIX) (Multisector Bonds) with a 1Y correlation of 0.10, roughly unchanged from 0.20 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Rational Special Situations Income Fund | 0.10 | 0.22 | 0.20 | 98 | Multisector Bonds | CADUX vs RFXIX | |
| Easterly Income Opportunities Fund | 0.16 | 0.21 | 0.22 | 82 | Multisector Bonds | CADUX vs JSVIX | |
| Doubleline Selective Credit Fund | 0.17 | 0.29 | 0.24 | 96 | Multisector Bonds | CADUX vs DBSCX | |
| North Square Strategic Income Fund | 0.17 | 0.29 | 0.32 | 67 | Multisector Bonds | CADUX vs ADVNX | |
| CrossingBridge Low Duration High Yield Fund | 0.18 | 0.16 | 0.17 | 96 | Multisector Bonds | CADUX vs CBLDX |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements CADUX
Add CADUX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with CADUX