Looking to diversify beyond CMUVX? The mutual funds below have the lowest correlation with CMUVX — 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 CMUVX.
Best Diversifiers for CMUVX
4 mutual funds have low correlation with CMUVX (below 0.3), 1 of which are negatively correlated. The least correlated is SEI Institutional Managed Trust Multi-Asset Inflation Managed Fund (SIFAX) (Diversified Portfolio) with a 1Y correlation of -0.20, down from -0.04 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| SEI Institutional Managed Trust Multi-Asset Inflat... | -0.20 | -0.04 | — | 65 | Diversified Portfolio | CMUVX vs SIFAX | |
| MH Elite Small Cap Fund of Funds Fund | 0.02 | 0.15 | — | 66 | Diversified Portfolio | CMUVX vs MHELX | |
| Highland Funds I - Highland Opportunities and Inco... | 0.29 | 0.33 | — | 82 | Diversified Portfolio | CMUVX vs HFRO | |
| Catholic Responsible Investments Short Duration Bo... | 0.29 | 0.20 | — | 91 | Short-Term Bond | CMUVX vs CRDSX | |
| Virtus Total Return Fund | 0.33 | 0.43 | — | 72 | Diversified Portfolio | CMUVX vs ZTR |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements CMUVX
Add CMUVX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with CMUVX