Looking to diversify beyond CMGUX? The mutual funds below have the lowest correlation with CMGUX — 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 CMGUX.
Best Diversifiers for CMGUX
26 mutual funds have low correlation with CMGUX (below 0.3), 3 of which are negatively correlated. The least correlated is DFA Two-Year Government Portfolio (DFYGX) (Ultrashort Bond) with a 1Y correlation of -0.05, down from 0.12 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| DFA Two-Year Government Portfolio | -0.05 | -0.03 | 0.12 | 99 | Ultrashort Bond | CMGUX vs DFYGX | |
| Columbia Global Technology Growth Fund Class A | -0.01 | 0.02 | 0.03 | 61 | Technology Equities, Large Cap Growth Equities | CMGUX vs CTCAX | |
| Columbia Global Technology Growth Fund | -0.01 | 0.02 | 0.03 | 62 | Technology Equities | CMGUX vs CMTFX | |
| Morgan Stanley Pathway Funds Ultra-ShortTerm Fixed... | 0.01 | 0.13 | 0.07 | 98 | Ultrashort Bond | CMGUX vs TSDUX | |
| Columbia Seligman Technology and Information Fund | 0.02 | 0.04 | 0.05 | 95 | Technology Equities | CMGUX vs SLMCX |
See all 44 diversifiers for CMGUX
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