Looking to diversify beyond CIPSX? The mutual funds below have the lowest correlation with CIPSX — 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 CIPSX.
Best Diversifiers for CIPSX
0 mutual funds have low correlation with CIPSX (below 0.3), 0 of which are negatively correlated. The least correlated is Driehaus Micro Cap Growth Fund (DMCRX) (Small Cap Growth Equities) with a 1Y correlation of 0.67, down from 0.81 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Driehaus Micro Cap Growth Fund | 0.67 | 0.75 | 0.81 | 83 | Small Cap Growth Equities | CIPSX vs DMCRX | |
| Oberweis Micro Cap Fund | 0.70 | 0.79 | 0.83 | 91 | Small Cap Growth Equities | CIPSX vs OBMCX | |
| Calamos Timpani Small Cap Growth Fund | 0.71 | 0.76 | 0.82 | 77 | Small Cap Growth Equities | CIPSX vs CTSIX | |
| Needham Aggressive Growth Fund Institutional Class | 0.72 | 0.75 | 0.79 | 93 | Small Cap Growth Equities | CIPSX vs NEAIX | |
| Needham Aggressive Growth Fund | 0.72 | 0.75 | 0.79 | 93 | Small Cap Growth Equities | CIPSX vs NEAGX |
See all 14 diversifiers for CIPSX
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