Looking to diversify beyond CIUEX? The mutual funds below have historically moved differently from CIUEX, 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 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 0.15, roughly unchanged from 0.07 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Six Circles Ultra Short Duration Fund | 0.15 | 0.11 | 0.07 | 99 | Ultrashort Bond | CIUEX vs CUSDX | |
| Six Circles Tax Aware Ultra Short Duration Fund | 0.27 | 0.18 | 0.11 | 53 | Ultrashort Bond | CIUEX vs CUTAX | |
| Six Circles Tax Aware Bond Fund | 0.28 | 0.21 | 0.18 | 79 | Municipal Bonds | CIUEX vs CBTAX | |
| Pear Tree Polaris Foreign Value Fund | 0.46 | 0.59 | 0.66 | 91 | Foreign Large Cap Equities | CIUEX vs QFVOX | |
| Federated Hermes International Strategic Value Div... | 0.51 | 0.62 | 0.72 | 88 | Foreign Large Cap Equities | CIUEX vs IVFIX |
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Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for CIUEX, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is Berkshire Hathaway Inc. (BRK-B) (Financial Services) with a 1Y correlation of 0.11, down from 0.41 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Berkshire Hathaway Inc. | 0.11 | 0.28 | 0.41 | 61 | Financial Services |
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