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 Baron Partners Fund (BPTRX) (Large Cap Growth Equities) with a 1Y correlation of 0.55, down from 0.68 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Baron Partners Fund | 0.55 | 0.61 | 0.68 | 52 | Large Cap Growth Equities | CMLIX vs BPTRX | |
| ICON Equity Fund | 0.64 | 0.62 | 0.72 | 85 | Large Cap Growth Equities | CMLIX vs IOLZX | |
| Davis New York Venture Fund Class Y | 0.67 | 0.72 | 0.76 | 80 | Large Cap Growth Equities | CMLIX vs DNVYX | |
| One Rock Fund | 0.71 | 0.77 | 0.80 | 89 | Large Cap Growth Equities | CMLIX vs ONERX | |
| Vanguard Developed Markets Index Fund Admiral Shar... | 0.71 | 0.66 | 0.71 | 65 | Foreign Large Cap Equities | CMLIX vs VTMGX |
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