Looking to diversify beyond COPLX? The mutual funds below have the lowest correlation with COPLX — 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 COPLX.
Best Diversifiers for COPLX
0 mutual funds have low correlation with COPLX (below 0.3), 0 of which are negatively correlated. The least correlated is Federated Hermes Strategic Value Dividend Fund (SVAIX) (Large Cap Value Equities) with a 1Y correlation of 0.31, down from 0.56 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Federated Hermes Strategic Value Dividend Fund | 0.31 | 0.45 | 0.56 | 80 | Large Cap Value Equities | COPLX vs SVAIX | |
| Hennessy Cornerstone Value Fund | 0.49 | 0.62 | 0.70 | 81 | Large Cap Value Equities | COPLX vs HFCVX | |
| Smead Value Fund | 0.53 | 0.70 | 0.76 | 62 | Large Cap Value Equities | COPLX vs SMVLX | |
| Vanguard International High Dividend Yield Index F... | 0.59 | 0.60 | 0.67 | 82 | Large Cap Value Equities, Dividend, Foreign Large Cap Equities | COPLX vs VIHAX | |
| American Century Equity Income Fund | 0.60 | 0.66 | 0.75 | 51 | Large Cap Value Equities | COPLX vs TWEIX |
See all 31 diversifiers for COPLX
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