Looking to diversify beyond CHILX? The mutual funds below have the lowest correlation with CHILX — 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 CHILX.
Best Diversifiers for CHILX
1 mutual funds have low correlation with CHILX (below 0.3), 0 of which are negatively correlated. The least correlated is BlackRock Global Long/Short Equity Fund Class I (BDMIX) (Long-Short) with a 1Y correlation of 0.11, roughly unchanged from 0.02 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| BlackRock Global Long/Short Equity Fund Class I | 0.11 | 0.05 | 0.02 | 92 | Long-Short | CHILX vs BDMIX | |
| AlphaSimplex Managed Futures Strategy Fund Class Y | 0.36 | 0.15 | 0.05 | 67 | Systematic Trend | CHILX vs ASFYX | |
| Vanguard Tax-Managed Capital Appreciation Fund Adm... | 0.38 | 0.28 | 0.32 | 70 | Large Cap Blend Equities | CHILX vs VTCLX | |
| iShares S&P 500 Index Fund | 0.38 | 0.28 | 0.31 | 73 | S&P 500 | CHILX vs WFSPX | |
| Shelton Capital Management Nasdaq-100 Index Fund D... | 0.39 | 0.28 | 0.32 | 75 | Large Cap Growth Equities | CHILX vs NASDX |
See all 18 diversifiers for CHILX
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