Looking to diversify beyond CCCNX? The mutual funds below have the lowest correlation with CCCNX — 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 CCCNX.
Best Diversifiers for CCCNX
4 mutual funds have low correlation with CCCNX (below 0.3), 0 of which are negatively correlated. The least correlated is U.S. Global Investors Global Resources Fund (PSPFX) (Energy Equities) with a 1Y correlation of 0.17, down from 0.58 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| U.S. Global Investors Global Resources Fund | 0.17 | 0.41 | 0.58 | 85 | Energy Equities | CCCNX vs PSPFX | |
| Victory Global Energy Transition Fund Class Y | 0.24 | 0.48 | 0.62 | 97 | Energy Equities | CCCNX vs RSNYX | |
| Victory Global Energy Transition Fund | 0.25 | 0.48 | 0.62 | 97 | Energy Equities | CCCNX vs RSNRX | |
| Delaware Ivy Energy Fund | 0.26 | 0.47 | 0.66 | 96 | Energy Equities | CCCNX vs IEYYX | |
| Goehring & Rozencwajg Resources Fund | 0.30 | 0.52 | 0.68 | 82 | Energy Equities | CCCNX vs GRHIX |
See all 23 diversifiers for CCCNX
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