Looking to diversify beyond CFGRX? The mutual funds below have the lowest correlation with CFGRX — 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 CFGRX.
Best Diversifiers for CFGRX
3 mutual funds have low correlation with CFGRX (below 0.3), 0 of which are negatively correlated. The least correlated is Commerce Kansas Tax-Free Intermediate Bond Fund (KTXIX) (Municipal Bonds) with a 1Y correlation of 0.11, roughly unchanged from 0.11 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Commerce Kansas Tax-Free Intermediate Bond Fund | 0.11 | 0.12 | 0.11 | 61 | Municipal Bonds | CFGRX vs KTXIX | |
| Commerce National Tax-Free Intermediate Bond Fund | 0.12 | 0.11 | 0.10 | 66 | Municipal Bonds | CFGRX vs CFNLX | |
| Commerce Missouri Tax-Free Intermediate Bond Fund | 0.13 | 0.13 | 0.11 | 65 | Municipal Bonds | CFGRX vs CFMOX | |
| Emerald Insights Fund | 0.38 | 0.78 | 0.85 | 99 | Large Cap Growth Equities | CFGRX vs EFCNX | |
| Commerce Value Fund | 0.49 | 0.53 | 0.62 | 59 | Large Cap Value Equities | CFGRX vs CFVLX |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from CFGRX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to CFGRX and solid risk/return profiles. The least correlated is ConocoPhillips Company (COP) (Energy) with a 1Y correlation of -0.20, down from 0.13 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| ConocoPhillips Company | -0.20 | -0.00 | 0.13 | 76 | Energy | |
| Verizon Communications Inc. | -0.18 | -0.07 | 0.07 | 59 | Communication Services | |
| Phillips 66 | -0.11 | 0.09 | 0.17 | 87 | Energy | |
| Shell plc | -0.07 | 0.09 | 0.18 | 80 | Energy | |
| Johnson & Johnson | -0.06 | -0.05 | 0.12 | 92 | Healthcare |
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Build a portfolio that complements CFGRX
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