Looking to diversify beyond CADUX? The mutual funds below have the lowest correlation with CADUX — 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 CADUX.
Best Diversifiers for CADUX
13 mutual funds have low correlation with CADUX (below 0.3), 0 of which are negatively correlated. The least correlated is Potomac Managed Volatility Fund (CRMVX) (Multisector Bonds) with a 1Y correlation of 0.08, roughly unchanged from 0.16 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Potomac Managed Volatility Fund | 0.08 | 0.19 | 0.16 | 55 | Multisector Bonds | CADUX vs CRMVX | |
| CrossingBridge Responsible Credit Fund | 0.08 | 0.15 | — | 58 | Multisector Bonds | CADUX vs CBRDX | |
| CrossingBridge Low Duration High Yield Fund | 0.15 | 0.14 | 0.16 | 97 | Multisector Bonds | CADUX vs CBLDX | |
| Rational Special Situations Income Fund | 0.16 | 0.23 | 0.21 | 98 | Multisector Bonds | CADUX vs RFXIX | |
| Nationwide Amundi Strategic Income Fund | 0.22 | 0.24 | 0.26 | 99 | Multisector Bonds | CADUX vs NWXHX |
See all 19 diversifiers for CADUX
To view more results, upgrade your current subscription plan.
Diversification Analysis
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