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
1 mutual funds have low correlation with COPLX (below 0.3), 0 of which are negatively correlated. The least correlated is Voya Corporate Leaders Trust Fund (LEXCX) (Large Cap Value Equities) with a 1Y correlation of 0.29, down from 0.61 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Voya Corporate Leaders Trust Fund | 0.29 | 0.50 | 0.61 | 53 | Large Cap Value Equities | COPLX vs LEXCX | |
| Federated Hermes Strategic Value Dividend Fund | 0.32 | 0.46 | 0.57 | 70 | Large Cap Value Equities | COPLX vs SVAIX | |
| Buffalo Flexible Income Fund | 0.47 | 0.64 | 0.74 | 71 | Large Cap Value Equities | COPLX vs BUFBX | |
| Hennessy Cornerstone Value Fund | 0.49 | 0.63 | 0.70 | 89 | Large Cap Value Equities | COPLX vs HFCVX | |
| Smead Value Fund | 0.56 | 0.71 | 0.77 | 67 | Large Cap Value Equities | COPLX vs SMVLX |
See all 29 diversifiers for COPLX
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