Looking to diversify beyond CIBFX? The mutual funds below have the lowest correlation with CIBFX — 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 CIBFX.
Best Diversifiers for CIBFX
1 mutual funds have low correlation with CIBFX (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 0.26, up from -0.05 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| LoCorr Macro Strategies Fund Class I | 0.26 | 0.04 | -0.05 | 88 | Global Allocation | CIBFX vs LFMIX | |
| Wilmington Real Asset Fund | 0.47 | 0.64 | 0.68 | 84 | Global Allocation | CIBFX vs WMRIX | |
| MH Elite Select Portfolio of Funds Fund | 0.47 | 0.44 | 0.63 | 55 | Global Allocation | CIBFX vs MHESX | |
| Allspring Absolute Return Fund | 0.49 | 0.66 | 0.65 | 94 | Global Allocation | CIBFX vs WARAX | |
| Hartford Real Asset Fund | 0.58 | 0.68 | 0.74 | 97 | Global Allocation | CIBFX vs HRLYX |
See all 26 diversifiers for CIBFX
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