Looking to diversify beyond CGRWX? The mutual funds below have the lowest correlation with CGRWX — 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 CGRWX.
Best Diversifiers for CGRWX
0 mutual funds have low correlation with CGRWX (below 0.3), 0 of which are negatively correlated. The least correlated is Invesco Nasdaq 100 Index Fund (IVNQX) (Large Cap Growth Equities) with a 1Y correlation of 0.35, down from 0.57 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco Nasdaq 100 Index Fund | 0.35 | 0.47 | 0.57 | 70 | Large Cap Growth Equities | CGRWX vs IVNQX | |
| Rational Equity Armor Fund | 0.38 | 0.51 | 0.65 | 55 | Large Cap Value Equities | CGRWX vs HDCTX | |
| Fidelity Large Cap Stock Fund | 0.55 | 0.70 | 0.83 | 76 | Large Cap Blend Equities | CGRWX vs FLCSX | |
| BNY Mellon Equity Income Fund | 0.55 | 0.68 | 0.80 | 89 | Large Cap Value Equities | CGRWX vs DQIRX | |
| Invesco Value Opportunities Fund | 0.57 | 0.70 | 0.81 | 81 | Mid Cap Value Equities | CGRWX vs VVOAX |
See all 38 diversifiers for CGRWX
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