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Catholic Responsible Investments Magnus 60/40 Alpha Plus Fund (CMPVX) Diversifiers

Mutual Fund · Currency in USD · Last updated Jun 25, 2026

The fund is a “fund of funds,” meaning that invests in other Catholic Responsible Investments Funds mutual funds (the “underlying funds”) that represent a variety of asset classes and investment styles. The fund’s asset allocation strategy emphasizes investments in equity securities (and certain other instruments) in an amount equal to 60% of its assets and exposure to fixed-income securities in an amount equal to 40% of its assets, with a bias towards “active” management in the equity portion of the portfolio.

Looking to diversify beyond CMPVX? The mutual funds below have the lowest correlation with CMPVX — 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 CMPVX.

Best Diversifiers for CMPVX

1 mutual funds have low correlation with CMPVX (below 0.3), 0 of which are negatively correlated. The least correlated is MH Elite Small Cap Fund of Funds Fund (MHELX) (Diversified Portfolio) with a 1Y correlation of 0.05, down from 0.48 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
MHELX
MH Elite Small Cap Fund of Funds Fund0.050.170.48
75
Diversified PortfolioCMPVX vs MHELX
FCSRX
Fidelity Advisor Strategic Real Return Fund Class ...0.360.55—
82
Diversified PortfolioCMPVX vs FCSRX
FSIRX
Fidelity Advisor Strategic Real Return Fund Class ...0.360.55—
87
Diversified PortfolioCMPVX vs FSIRX
FIQDX
Fidelity Advisor Strategic Real Return Fund Class ...0.370.550.59
87
Diversified PortfolioCMPVX vs FIQDX
FSRRX
Fidelity Strategic Real Return Fund0.370.560.60
86
Diversified PortfolioCMPVX vs FSRRX
See all 24 diversifiers for CMPVX

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