Looking to diversify beyond CGHIX? The mutual funds below have historically moved differently from CGHIX, 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 CGHIX
0 mutual funds have low correlation with CGHIX (below 0.3), 0 of which are negatively correlated. The least correlated is AQR Diversifying Strategies Fund Class N (QDSNX) (Tactical Allocation) with a 1Y correlation of 0.36, up from 0.12 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| AQR Diversifying Strategies Fund Class N | 0.36 | 0.28 | 0.12 | 92 | Tactical Allocation | CGHIX vs QDSNX | |
| Quantified Evolution Plus Fund | 0.41 | 0.48 | 0.38 | 84 | Tactical Allocation | CGHIX vs QEVOX | |
| Hussman Strategic Total Return Fund | 0.43 | 0.37 | 0.39 | 95 | Tactical Allocation | CGHIX vs HSTRX | |
| Goldman Sachs TacticalTiltOverlayFund | 0.45 | 0.33 | 0.46 | 72 | Tactical Allocation | CGHIX vs TTIFX | |
| Invesco Balanced-Risk Allocation Fund | 0.50 | 0.54 | 0.55 | 93 | Tactical Allocation | CGHIX vs ABRYX |
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