Looking to diversify beyond CLEYX? The mutual funds below have the lowest correlation with CLEYX — 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 CLEYX.
Best Diversifiers for CLEYX
0 mutual funds have low correlation with CLEYX (below 0.3), 0 of which are negatively correlated. The least correlated is Columbia Dividend Income Fund Institutional 3 Class (CDDYX) (Large Cap Value Equities) with a 1Y correlation of 0.64, down from 0.81 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Columbia Dividend Income Fund Institutional 3 Clas... | 0.64 | 0.70 | 0.81 | 79 | Large Cap Value Equities, Dividend | CLEYX vs CDDYX | |
| Columbia Dividend Income Fund Class A | 0.64 | 0.70 | 0.81 | 77 | Large Cap Value Equities | CLEYX vs LBSAX | |
| Columbia Dividend Income Fund | 0.64 | 0.70 | 0.81 | 79 | Large Cap Value Equities | CLEYX vs GSFTX | |
| ICON Equity Fund | 0.72 | 0.69 | 0.77 | 84 | Large Cap Growth Equities | CLEYX vs IOLZX | |
| One Rock Fund | 0.72 | 0.78 | 0.79 | 87 | Large Cap Growth Equities | CLEYX vs ONERX |
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