Looking to diversify beyond CHTRX? The mutual funds below have historically moved differently from CHTRX, 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 CHTRX
0 mutual funds have low correlation with CHTRX (below 0.3), 0 of which are negatively correlated. The least correlated is Goldman Sachs Strategic Volatility Premium Fund (SVPFX) (Large Cap Blend Equities) with a 1Y correlation of 0.34, up from 0.12 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Goldman Sachs Strategic Volatility Premium Fund | 0.34 | 0.14 | 0.12 | 95 | Large Cap Blend Equities | CHTRX vs SVPFX | |
| North Square Preferred and Income Securities Fund | 0.52 | 0.35 | 0.41 | 57 | Preferred Stock | CHTRX vs ORDNX | |
| Rock Oak Core Growth Fund | 0.54 | 0.69 | 0.79 | 92 | Large Cap Blend Equities | CHTRX vs RCKSX | |
| Muhlenkamp Fund | 0.60 | 0.69 | 0.73 | 50 | Large Cap Blend Equities | CHTRX vs MUHLX | |
| Glenmede Responsible ESG U.S. Equity Portfolio | 0.64 | 0.78 | 0.86 | 92 | Large Cap Blend Equities | CHTRX vs RESGX |
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