Looking to diversify beyond CREMX? The mutual funds below have the lowest correlation with CREMX — 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 CREMX.
Best Diversifiers for CREMX
10 mutual funds have low correlation with CREMX (below 0.3), 2 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Miller Market Neutral Income Fund Class I | -0.02 | — | — | 99 | Equity Market Neutral | CREMX vs MMNIX | |
| Pioneer ILS Interval Fund | -0.01 | -0.05 | -0.05 | 100 | High Yield Bonds | CREMX vs XILSX | |
| Fidelity Series Real Estate Income Fund | 0.02 | — | — | 89 | REIT | CREMX vs FSREX | |
| Diamond Hill Short Duration Securitized Bond Fund ... | 0.03 | — | — | 99 | Short-Term Bond | CREMX vs DHEIX | |
| Calamos Aksia Alternative Credit and Income Fund C... | 0.04 | — | — | 98 | Bank Loan | CREMX vs CAPIX |
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