Looking to diversify beyond CAUSX? The mutual funds below have historically moved differently from CAUSX, 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 CAUSX
5 mutual funds have low correlation with CAUSX (below 0.3), 0 of which are negatively correlated. The least correlated is GMO U.S. Treasury Fund (GUSTX) (Government Bonds) with a 1Y correlation of 0.03, roughly unchanged from 0.03 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| GMO U.S. Treasury Fund | 0.03 | 0.03 | 0.03 | 99 | Government Bonds | CAUSX vs GUSTX | |
| Shelton Emerging Markets Fund | 0.09 | 0.08 | 0.07 | 56 | Emerging Markets Equities | CAUSX vs EMSQX | |
| Federated Hermes Adjustable Rate Fund | 0.19 | 0.44 | 0.45 | 99 | Government Bonds | CAUSX vs FEUGX | |
| Shelton International Select Equity Fund | 0.21 | 0.19 | 0.16 | 64 | Foreign Large Cap Equities | CAUSX vs SISEX | |
| Shelton Equity Income Fund | 0.28 | 0.18 | 0.11 | 54 | Derivative Income | CAUSX vs EQTIX |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements CAUSX
Add CAUSX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with CAUSX