Looking to diversify beyond CIPIX? The mutual funds below have the lowest correlation with CIPIX — 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 CIPIX.
Best Diversifiers for CIPIX
0 mutual funds have low correlation with CIPIX (below 0.3), 0 of which are negatively correlated. The least correlated is Essex Environmental Opportunities Fund (EEOFX) (Mid Cap Growth Equities) with a 1Y correlation of 0.54, down from 0.75 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Essex Environmental Opportunities Fund | 0.54 | 0.68 | 0.75 | 79 | Mid Cap Growth Equities | CIPIX vs EEOFX | |
| Timothy Plan Aggressive Growth Fund | 0.57 | 0.75 | 0.83 | 90 | Mid Cap Growth Equities | CIPIX vs TAAGX | |
| Needham Growth Fund | 0.58 | 0.70 | 0.77 | 93 | Mid Cap Growth Equities | CIPIX vs NEEGX | |
| Needham Growth Fund Institutional Class | 0.58 | 0.70 | 0.77 | 93 | Mid Cap Growth Equities | CIPIX vs NEEIX | |
| Calamos Timpani SMID Growth Fund | 0.59 | 0.73 | 0.80 | 67 | Mid Cap Growth Equities | CIPIX vs CTIGX |
See all 9 diversifiers for CIPIX
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements CIPIX
Add CIPIX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with CIPIX