Looking to diversify beyond COMAX? The mutual funds below have the lowest correlation with COMAX — 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 COMAX.
Best Diversifiers for COMAX
2 mutual funds have low correlation with COMAX (below 0.3), 0 of which are negatively correlated. The least correlated is DWS RREEF Real Assets Fund - Class A (AAAAX) (Diversified Portfolio) with a 1Y correlation of 0.08, down from 0.23 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| DWS RREEF Real Assets Fund - Class A | 0.08 | 0.23 | 0.23 | 52 | Diversified Portfolio | COMAX vs AAAAX | |
| DWS RREEF Real Assets Fund | 0.08 | — | — | 54 | Global Allocation | COMAX vs AAAZX | |
| DWS CROCI International Fund | 0.38 | — | — | 69 | Foreign Large Cap Equities | COMAX vs SCINX | |
| ARK Venture Fund | 0.43 | — | — | 99 | Technology Equities | COMAX vs ARKVX | |
| DWS Global High Income Fund | 0.46 | — | — | 80 | High Yield Bonds | COMAX vs MGHYX |
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