Looking to diversify beyond CGO? The mutual funds below have the lowest correlation with CGO — 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 CGO.
Best Diversifiers for CGO
4 mutual funds have low correlation with CGO (below 0.3), 0 of which are negatively correlated. The least correlated is LoCorr Macro Strategies Fund Class I (LFMIX) (Global Allocation) with a 1Y correlation of 0.13, up from -0.01 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| LoCorr Macro Strategies Fund Class I | 0.13 | 0.06 | -0.01 | 86 | Global Allocation | CGO vs LFMIX | |
| Hartford Real Asset Fund | 0.26 | 0.33 | 0.42 | 88 | Global Allocation | CGO vs HRLYX | |
| Allspring Absolute Return Fund | 0.27 | 0.36 | 0.39 | 92 | Global Allocation | CGO vs WARAX | |
| Lazard Real Assets Portfolio | 0.30 | 0.36 | 0.44 | 63 | Global Allocation | CGO vs RALIX | |
| Centerstone Investors Fund | 0.33 | 0.44 | 0.53 | 63 | Global Allocation | CGO vs CENTX |
See all 61 diversifiers for CGO
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Diversification Analysis
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