Looking to diversify beyond CIUEX? The mutual funds below have the lowest correlation with CIUEX — 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 CIUEX.
Best Diversifiers for CIUEX
3 mutual funds have low correlation with CIUEX (below 0.3), 0 of which are negatively correlated. The least correlated is Six Circles Ultra Short Duration Fund (CUSDX) (Ultrashort Bond) with a 1Y correlation of 0.14, roughly unchanged from 0.08 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Six Circles Ultra Short Duration Fund | 0.14 | 0.11 | 0.08 | 99 | Ultrashort Bond | CIUEX vs CUSDX | |
| Six Circles Tax Aware Ultra Short Duration Fund | 0.20 | 0.15 | 0.09 | 98 | Ultrashort Bond | CIUEX vs CUTAX | |
| Six Circles Tax Aware Bond Fund | 0.26 | 0.21 | 0.17 | 81 | Municipal Bonds | CIUEX vs CBTAX | |
| Six Circles Credit Opportunities Fund | 0.47 | 0.48 | 0.49 | 83 | High Yield Bonds | CIUEX vs CRDOX | |
| Intrepid Income Fund | 0.52 | 0.44 | 0.44 | 97 | Multisector Bonds | CIUEX vs ICMUX |
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