Looking to diversify beyond CCSZX? The mutual funds below have the lowest correlation with CCSZX — 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 CCSZX.
Best Diversifiers for CCSZX
10 mutual funds have low correlation with CCSZX (below 0.3), 7 of which are negatively correlated. The least correlated is Fidelity Advisor Strategic Income Fund Class I (FSRIX) (Total Bond Market) with a 1Y correlation of -0.24, down from 0.06 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity Advisor Strategic Income Fund Class I | -0.24 | -0.03 | 0.06 | 86 | Total Bond Market | CCSZX vs FSRIX | |
| Columbia Balanced Fund | -0.09 | 0.07 | 0.14 | 64 | Diversified Portfolio | CCSZX vs CBALX | |
| Columbia Global Technology Growth Fund Class A | -0.07 | 0.06 | 0.12 | 82 | Technology Equities, Large Cap Growth Equities | CCSZX vs CTCAX | |
| Columbia Global Technology Growth Fund | -0.07 | 0.07 | 0.12 | 83 | Technology Equities | CCSZX vs CMTFX | |
| Columbia Contrarian Core Fund | -0.07 | 0.07 | 0.15 | 59 | Large Cap Blend Equities | CCSZX vs SMGIX |
See all 34 diversifiers for CCSZX
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements CCSZX
Add CCSZX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with CCSZX