Looking to diversify beyond CCGSX? The mutual funds below have the lowest correlation with CCGSX — 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 CCGSX.
Best Diversifiers for CCGSX
3 mutual funds have low correlation with CCGSX (below 0.3), 0 of which are negatively correlated. The least correlated is Baird Ultra Short Bond Fund (BUBSX) (Ultrashort Bond) with a 1Y correlation of 0.11, roughly unchanged from 0.06 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Baird Ultra Short Bond Fund | 0.11 | 0.09 | 0.06 | 100 | Ultrashort Bond | CCGSX vs BUBSX | |
| Baird Strategic Municipal Bond Fund | 0.18 | 0.19 | 0.18 | 85 | Municipal Bonds | CCGSX vs BSNSX | |
| Baird Short-Term Bond Fund Institutional Class | 0.21 | 0.16 | 0.14 | 93 | Short-Term Bond | CCGSX vs BSBIX | |
| Russell Investment Tax-Managed Real Assets Fund | 0.44 | 0.57 | 0.66 | 81 | Global Equities | CCGSX vs RTXAX | |
| Polaris Global Value Fund | 0.52 | 0.62 | 0.69 | 90 | Global Equities | CCGSX vs PGVFX |
See all 25 diversifiers for CCGSX
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