Looking to diversify beyond CLMPX? The mutual funds below have the lowest correlation with CLMPX — 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 CLMPX.
Best Diversifiers for CLMPX
17 mutual funds have low correlation with CLMPX (below 0.3), 0 of which are negatively correlated. The least correlated is Columbia Global Technology Growth Fund (CMTFX) (Technology Equities) with a 1Y correlation of 0.09, roughly unchanged from 0.08 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Columbia Global Technology Growth Fund | 0.09 | 0.06 | 0.08 | 83 | Technology Equities | CLMPX vs CMTFX | |
| Columbia Seligman Global Technology Fund | 0.09 | 0.07 | 0.08 | 96 | Technology Equities | CLMPX vs SHGTX | |
| Columbia Seligman Technology and Information Fund | 0.09 | 0.07 | 0.08 | 97 | Technology Equities | CLMPX vs SLMCX | |
| Columbia Global Technology Growth Fund Class A | 0.09 | 0.06 | 0.08 | 82 | Technology Equities, Large Cap Growth Equities | CLMPX vs CTCAX | |
| Columbia Contrarian Core Fund | 0.13 | 0.13 | 0.11 | 59 | Large Cap Blend Equities | CLMPX vs SMGIX |
See all 23 diversifiers for CLMPX
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