Looking to diversify beyond CLSPX? The mutual funds below have the lowest correlation with CLSPX — 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 CLSPX.
Best Diversifiers for CLSPX
0 mutual funds have low correlation with CLSPX (below 0.3), 0 of which are negatively correlated. The least correlated is Columbia Dividend Income Fund Class A (LBSAX) (Large Cap Value Equities) with a 1Y correlation of 0.54, down from 0.67 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Columbia Dividend Income Fund Class A | 0.54 | 0.61 | 0.67 | 77 | Large Cap Value Equities | CLSPX vs LBSAX | |
| Columbia Dividend Income Fund Institutional 3 Clas... | 0.54 | 0.61 | 0.67 | 79 | Large Cap Value Equities, Dividend | CLSPX vs CDDYX | |
| Columbia Dividend Income Fund | 0.56 | 0.62 | 0.66 | 79 | Large Cap Value Equities | CLSPX vs GSFTX | |
| Baron Focused Growth Fund | 0.58 | 0.73 | 0.79 | 53 | Mid Cap Growth Equities | CLSPX vs BFGFX | |
| Baron Focused Growth Fund Institutional Shares | 0.58 | 0.73 | 0.79 | 54 | Mid Cap Growth Equities | CLSPX vs BFGIX |
See all 21 diversifiers for CLSPX
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