Looking to diversify beyond CFAGX? The mutual funds below have the lowest correlation with CFAGX — 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 CFAGX.
Best Diversifiers for CFAGX
3 mutual funds have low correlation with CFAGX (below 0.3), 0 of which are negatively correlated. The least correlated is Commerce National Tax-Free Intermediate Bond Fund (CFNLX) (Municipal Bonds) with a 1Y correlation of 0.20, roughly unchanged from 0.12 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Commerce National Tax-Free Intermediate Bond Fund | 0.20 | 0.14 | 0.12 | 66 | Municipal Bonds | CFAGX vs CFNLX | |
| Commerce Missouri Tax-Free Intermediate Bond Fund | 0.21 | 0.15 | 0.12 | 65 | Municipal Bonds | CFAGX vs CFMOX | |
| Commerce Kansas Tax-Free Intermediate Bond Fund | 0.22 | 0.15 | 0.13 | 61 | Municipal Bonds | CFAGX vs KTXIX | |
| Tanaka Growth Fund | 0.60 | 0.68 | 0.74 | 53 | Mid Cap Growth Equities | CFAGX vs TGFRX | |
| Commerce Value Fund | 0.62 | 0.72 | 0.75 | 71 | Large Cap Value Equities | CFAGX vs CFVLX |
See all 13 diversifiers for CFAGX
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements CFAGX
Add CFAGX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with CFAGX