Looking to diversify beyond COSYX? The mutual funds below have historically moved differently from COSYX, 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 COSYX
0 mutual funds have low correlation with COSYX (below 0.3), 0 of which are negatively correlated. The least correlated is Columbia Seligman Premium Technology Growth Fund (STK) (Technology Equities) with a 1Y correlation of 0.49, roughly unchanged from 0.53 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Columbia Seligman Premium Technology Growth Fund | 0.49 | 0.45 | 0.53 | 88 | Technology Equities, Options Trading, Actively Managed | COSYX vs STK | |
| Columbia Seligman Global Technology Fund | 0.51 | 0.50 | 0.57 | 92 | Technology Equities | COSYX vs SHGTX | |
| Columbia Seligman Technology and Information Fund ... | 0.51 | 0.49 | 0.57 | 93 | Technology Equities | COSYX vs SLMCX | |
| Federated Hermes International Strategic Value Div... | 0.55 | 0.64 | 0.75 | 88 | Foreign Large Cap Equities | COSYX vs IVFIX | |
| Goldman Sachs GQG Partners International Opportuni... | 0.61 | 0.70 | 0.79 | 61 | Foreign Large Cap Equities | COSYX vs GSINX |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for COSYX, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is NVIDIA Corporation (NVDA) (Technology) with a 1Y correlation of 0.33, roughly unchanged from 0.41 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| NVIDIA Corporation | 0.33 | 0.29 | 0.41 | 56 | Technology |
Build a portfolio that complements COSYX
Add COSYX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with COSYX