Looking to diversify beyond CPEAX? The mutual funds below have the lowest correlation with CPEAX — 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 CPEAX.
Best Diversifiers for CPEAX
1 mutual funds have low correlation with CPEAX (below 0.3), 0 of which are negatively correlated. The least correlated is Catalyst/CIFC Floating Rate Income Fund (CFRIX) (Bank Loan) with a 1Y correlation of 0.29, roughly unchanged from 0.25 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Catalyst/CIFC Floating Rate Income Fund | 0.29 | 0.26 | 0.25 | 60 | Bank Loan | CPEAX vs CFRIX | |
| Catalyst Insider Income Fund | 0.32 | 0.29 | 0.39 | 83 | Short-Term Bond | CPEAX vs IIXIX | |
| Catalyst/Millburn Hedge Strategy Fund | 0.36 | 0.37 | 0.44 | 91 | Macro Trading | CPEAX vs MBXAX | |
| Catalyst/Millburn Hedge Strategy Fund Class I | 0.36 | 0.37 | 0.44 | 92 | Hedge Fund | CPEAX vs MBXIX | |
| Baron Partners Fund | 0.42 | 0.55 | 0.62 | 72 | Large Cap Growth Equities | CPEAX vs BPTRX |
See all 56 diversifiers for CPEAX
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements CPEAX
Add CPEAX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with CPEAX