Looking to diversify beyond COPLX? The mutual funds below have historically moved differently from COPLX, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for COPLX
3 mutual funds have low correlation with COPLX (below 0.3), 0 of which are negatively correlated. The least correlated is GQG Partners US Quality Dividend Income Fund (GQHPX) (Quality Factor) with a 1Y correlation of 0.04, down from 0.56 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| GQG Partners US Quality Dividend Income Fund | 0.04 | 0.42 | 0.56 | 54 | Quality Factor, Large Cap Value Equities | COPLX vs GQHPX | |
| Voya Corporate Leaders Trust Fund | 0.17 | 0.45 | 0.58 | 94 | Large Cap Value Equities | COPLX vs LEXCX | |
| Federated Hermes Strategic Value Dividend Fund | 0.28 | 0.43 | 0.56 | 95 | Large Cap Value Equities | COPLX vs SVAIX | |
| AMG Yacktman Focused Fund | 0.36 | 0.59 | 0.72 | 93 | Large Cap Value Equities | COPLX vs YAFFX | |
| Buffalo Flexible Income Fund | 0.40 | 0.61 | 0.72 | 88 | Large Cap Value Equities | COPLX vs BUFBX |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements COPLX
Add COPLX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with COPLX