Looking to diversify beyond CFVLX? The mutual funds below have historically moved differently from CFVLX, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for CFVLX
2 mutual funds have low correlation with CFVLX (below 0.3), 0 of which are negatively correlated. The least correlated is Commerce Missouri Tax-Free Intermediate Bond Fund (CFMOX) (Municipal Bonds) with a 1Y correlation of 0.24, up from 0.10 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Commerce Missouri Tax-Free Intermediate Bond Fund | 0.24 | 0.16 | 0.10 | 57 | Municipal Bonds | CFVLX vs CFMOX | |
| Commerce National Tax-Free Intermediate Bond Fund | 0.25 | 0.17 | 0.10 | 55 | Municipal Bonds | CFVLX vs CFNLX | |
| Voya Corporate Leaders Trust Fund | 0.33 | 0.59 | 0.72 | 93 | Large Cap Value Equities | CFVLX vs LEXCX | |
| GQG Partners US Quality Dividend Income Fund | 0.36 | 0.60 | 0.72 | 62 | Quality Factor, Large Cap Value Equities | CFVLX vs GQHPX | |
| AMG Yacktman Focused Fund | 0.38 | 0.62 | 0.73 | 89 | Large Cap Value Equities | CFVLX vs YAFFX |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for CFVLX, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is Agree Realty Corporation (ADC) (Real Estate) with a 1Y correlation of 0.24, down from 0.42 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Agree Realty Corporation | 0.24 | 0.37 | 0.42 | 68 | Real Estate | |
| Realty Income Corporation | 0.39 | 0.46 | 0.52 | 77 | Real Estate |
Build a portfolio that complements CFVLX
Add CFVLX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with CFVLX