Looking to diversify beyond CDOFX? The mutual funds below have historically moved differently from CDOFX, 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 CDOFX
0 mutual funds have low correlation with CDOFX (below 0.3), 0 of which are negatively correlated. The least correlated is Crawford Multi-Asset Income Fund (CMALX) (Diversified Portfolio) with a 1Y correlation of 0.50, down from 0.71 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Crawford Multi-Asset Income Fund | 0.50 | 0.62 | 0.71 | 58 | Diversified Portfolio | CDOFX vs CMALX | |
| Auer Growth Fund | 0.65 | 0.71 | 0.76 | 90 | Small Cap Blend Equities | CDOFX vs AUERX | |
| Hodges Small Cap Fund | 0.74 | 0.83 | 0.86 | 74 | Small Cap Blend Equities | CDOFX vs HDPSX | |
| River Oak Discovery Fund | 0.77 | 0.86 | 0.88 | 92 | Small Cap Blend Equities | CDOFX vs RIVSX | |
| MainStay WMC Small Companies Fund | 0.80 | 0.87 | 0.90 | 91 | Small Cap Blend Equities | CDOFX vs MOPIX |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements CDOFX
Add CDOFX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with CDOFX