Looking to diversify beyond COSSX? The mutual funds below have the lowest correlation with COSSX — 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 COSSX.
Best Diversifiers for COSSX
0 mutual funds have low correlation with COSSX (below 0.3), 0 of which are negatively correlated. The least correlated is Columbia Seligman Global Technology Fund (SHGTX) (Technology Equities) with a 1Y correlation of 0.49, roughly unchanged from 0.57 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Columbia Seligman Global Technology Fund | 0.49 | 0.50 | 0.57 | 97 | Technology Equities | COSSX vs SHGTX | |
| Columbia Global Technology Growth Fund | 0.49 | 0.46 | 0.54 | 84 | Technology Equities | COSSX vs CMTFX | |
| Columbia Seligman Technology and Information Fund | 0.49 | 0.50 | 0.58 | 97 | Technology Equities | COSSX vs SLMCX | |
| Columbia Global Technology Growth Fund Class A | 0.50 | 0.47 | 0.55 | 83 | Technology Equities, Large Cap Growth Equities | COSSX vs CTCAX | |
| Columbia Contrarian Core Fund | 0.59 | 0.58 | 0.65 | 58 | Large Cap Blend Equities | COSSX vs SMGIX |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements COSSX
Add COSSX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with COSSX