Looking to diversify beyond CRAZX? The mutual funds below have the lowest correlation with CRAZX — 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 CRAZX.
Best Diversifiers for CRAZX
1 mutual funds have low correlation with CRAZX (below 0.3), 1 of which are negatively correlated. The least correlated is BlackRock Tactical Opportunities Fund Institutional Class (PBAIX) (Tactical Allocation) with a 1Y correlation of -0.07, down from 0.06 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| BlackRock Tactical Opportunities Fund Institutiona... | -0.07 | 0.15 | 0.06 | 75 | Tactical Allocation | CRAZX vs PBAIX | |
| Quantified Evolution Plus Fund | 0.45 | 0.56 | 0.45 | 80 | Tactical Allocation | CRAZX vs QEVOX | |
| AQR Diversifying Strategies Fund Class N | 0.51 | 0.36 | 0.15 | 88 | Tactical Allocation | CRAZX vs QDSNX | |
| Hussman Strategic Total Return Fund | 0.54 | 0.53 | 0.54 | 89 | Tactical Allocation | CRAZX vs HSTRX | |
| Potomac Defensive Bull Fund | 0.61 | 0.56 | 0.48 | 94 | Tactical Allocation | CRAZX vs CRDBX |
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