Looking to diversify beyond CFIZX? The mutual funds below have the lowest correlation with CFIZX — 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 CFIZX.
Best Diversifiers for CFIZX
1 mutual funds have low correlation with CFIZX (below 0.3), 0 of which are negatively correlated. The least correlated is MH Elite Small Cap Fund of Funds Fund (MHELX) (Diversified Portfolio) with a 1Y correlation of 0.08, down from 0.53 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| MH Elite Small Cap Fund of Funds Fund | 0.08 | 0.21 | 0.53 | 67 | Diversified Portfolio | CFIZX vs MHELX | |
| SEI Asset Allocation Trust Defensive Strategy Allo... | 0.42 | 0.43 | 0.47 | 99 | Diversified Portfolio | CFIZX vs STDAX | |
| Standpoint Multi-Asset Fund Institutional | 0.50 | 0.50 | 0.55 | 81 | Diversified Portfolio | CFIZX vs BLNDX | |
| Fidelity Advisor Strategic Real Return Fund Class ... | 0.50 | 0.64 | 0.70 | 88 | Diversified Portfolio | CFIZX vs FIQDX | |
| PGIM Real Assets Fund | 0.51 | 0.66 | 0.72 | 75 | Diversified Portfolio | CFIZX vs PUDZX |
See all 30 diversifiers for CFIZX
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements CFIZX
Add CFIZX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with CFIZX