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Columbia Tax-Exempt Fund (COLTX) Diversifiers

Mutual Fund · Currency in USD · Last updated Jul 11, 2026

Under normal circumstances, the fund invests at least 80% of its total net assets (including the amount of any borrowings for investment purposes) in bonds that pay interest exempt from federal income tax (including the federal alternative minimum tax). It invests at least 65% of its total assets in tax-exempt bonds that, at the time of purchase, are rated investment grade or are unrated but determined to be of comparable quality. The fund may invest in bonds of any maturity.

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

Best Diversifiers for COLTX

19 mutual funds have low correlation with COLTX (below 0.3), 0 of which are negatively correlated. The least correlated is DFA Municipal Real Return Portfolio (DMREX) (Municipal Bonds) with a 1Y correlation of 0.01, down from 0.22 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
DMREX
DFA Municipal Real Return Portfolio0.010.190.22
95
Municipal BondsCOLTX vs DMREX
DCARX
DFA California Municipal Real Return Portfolio0.020.180.22
95
Municipal BondsCOLTX vs DCARX
CTCAX
Columbia Global Technology Growth Fund Class A0.130.080.11
61
Technology Equities, Large Cap Growth EquitiesCOLTX vs CTCAX
CMTFX
Columbia Global Technology Growth Fund0.140.080.11
62
Technology EquitiesCOLTX vs CMTFX
SLMCX
Columbia Seligman Technology and Information Fund0.140.100.11
95
Technology EquitiesCOLTX vs SLMCX
See all 35 diversifiers for COLTX

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Diversification Analysis

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