Looking to diversify beyond CMLIX? The mutual funds below have the lowest correlation with CMLIX — 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 CMLIX.
Best Diversifiers for CMLIX
0 mutual funds have low correlation with CMLIX (below 0.3), 0 of which are negatively correlated. The least correlated is Emerald Insights Fund (EFCNX) (Large Cap Growth Equities) with a 1Y correlation of 0.36, down from 0.83 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Emerald Insights Fund | 0.36 | 0.75 | 0.83 | 99 | Large Cap Growth Equities | CMLIX vs EFCNX | |
| ICON Equity Fund | 0.64 | 0.61 | 0.72 | 76 | Large Cap Growth Equities | CMLIX vs IOLZX | |
| Vanguard Developed Markets Index Fund Admiral Shar... | 0.70 | 0.66 | 0.71 | 52 | Large Cap Growth Equities, Foreign Large Cap Equities | CMLIX vs VTMGX | |
| Adams Diversified Equity Fund, Inc. | 0.70 | 0.76 | 0.82 | 73 | Large Cap Growth Equities | CMLIX vs ADX | |
| One Rock Fund | 0.70 | 0.77 | 0.80 | 88 | Large Cap Growth Equities | CMLIX vs ONERX |
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