Looking to diversify beyond CGBIX? The mutual funds below have the lowest correlation with CGBIX — 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 CGBIX.
Best Diversifiers for CGBIX
1 mutual funds have low correlation with CGBIX (below 0.3), 0 of which are negatively correlated. The least correlated is Calvert Emerging Markets Equity Fund (CVMIX) (Emerging Markets Diversified) with a 1Y correlation of 0.20, roughly unchanged from 0.11 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Calvert Emerging Markets Equity Fund | 0.20 | 0.13 | 0.11 | 88 | Emerging Markets Diversified | CGBIX vs CVMIX | |
| Calvert Global Energy Solutions Fund | 0.32 | 0.30 | 0.25 | 82 | Global Equities | CGBIX vs CAEIX | |
| Calvert US Large-Cap Core Responsible Index Fund | 0.33 | 0.22 | 0.19 | 68 | Large Cap Blend Equities | CGBIX vs CISIX | |
| Calvert US Large-Cap Value Responsible Index Fund | 0.35 | 0.25 | 0.17 | 86 | Large Cap Value Equities | CGBIX vs CFJIX | |
| Calvert International Responsible Index Fund | 0.41 | 0.31 | 0.26 | 74 | Foreign Large Cap Equities | CGBIX vs CDHIX |
See all 12 diversifiers for CGBIX
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