Looking to diversify beyond CFLGX? The mutual funds below have the lowest correlation with CFLGX — 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 CFLGX.
Best Diversifiers for CFLGX
1 mutual funds have low correlation with CFLGX (below 0.3), 0 of which are negatively correlated. The least correlated is Voya Corporate Leaders Trust Fund (LEXCX) (Large Cap Value Equities) with a 1Y correlation of 0.24, down from 0.64 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Voya Corporate Leaders Trust Fund | 0.24 | 0.50 | 0.64 | 68 | Large Cap Value Equities | CFLGX vs LEXCX | |
| Federated Hermes Strategic Value Dividend Fund | 0.43 | 0.54 | 0.65 | 86 | Large Cap Value Equities | CFLGX vs SVAIX | |
| AMG Yacktman Focused Fund | 0.48 | 0.66 | 0.77 | 86 | Large Cap Value Equities | CFLGX vs YAFFX | |
| Buffalo Flexible Income Fund | 0.52 | 0.71 | 0.80 | 61 | Large Cap Value Equities | CFLGX vs BUFBX | |
| Hennessy Cornerstone Value Fund | 0.60 | 0.69 | 0.76 | 87 | Large Cap Value Equities | CFLGX vs HFCVX |
See all 37 diversifiers for CFLGX
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