Looking to diversify beyond CDSRX? The mutual funds below have the lowest correlation with CDSRX — 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 CDSRX.
Best Diversifiers for CDSRX
8 mutual funds have low correlation with CDSRX (below 0.3), 0 of which are negatively correlated. The least correlated is AMG Yacktman Focused Fund (YAFFX) (Large Cap Value Equities) with a 1Y correlation of 0.14, roughly unchanged from 0.17 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| AMG Yacktman Focused Fund | 0.14 | 0.13 | 0.17 | 85 | Large Cap Value Equities | CDSRX vs YAFFX | |
| DFA Two-Year Fixed Income Portfolio | 0.14 | 0.03 | 0.32 | 100 | Short-Term Bond | CDSRX vs DFCFX | |
| Leader Short Term High Yield Bond Fund | 0.17 | 0.19 | 0.28 | 80 | Short-Term Bond | CDSRX vs LCCMX | |
| Calvert Emerging Markets Equity Fund | 0.18 | 0.10 | 0.15 | 77 | Emerging Markets Diversified | CDSRX vs CVMIX | |
| GuidePath Absolute Return Allocation Fund | 0.19 | 0.56 | 0.64 | 63 | Short-Term Bond | CDSRX vs GPARX |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from CDSRX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to CDSRX and solid risk/return profiles. The least correlated is Vertiv Holdings Co. (VRT) (Industrials) with a 1Y correlation of 0.01, roughly unchanged from 0.06 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Vertiv Holdings Co. | 0.01 | -0.04 | 0.06 | 92 | Industrials | |
| Albemarle Corporation | 0.06 | 0.06 | 0.08 | 79 | Basic Materials | |
| Broadcom Inc. | 0.11 | 0.02 | 0.09 | 71 | Technology | |
| First Solar, Inc. | 0.12 | 0.11 | 0.14 | 64 | Technology | |
| Apple Inc | 0.15 | 0.13 | 0.17 | 93 | Technology |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements CDSRX
Add CDSRX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with CDSRX