Looking to diversify beyond CRTBX? The mutual funds below have the lowest correlation with CRTBX — 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 CRTBX.
Best Diversifiers for CRTBX
3 mutual funds have low correlation with CRTBX (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 -0.03, down from 0.15 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| BlackRock Tactical Opportunities Fund Institutiona... | -0.03 | 0.19 | 0.15 | 66 | Tactical Allocation | CRTBX vs PBAIX | |
| Quantified Evolution Plus Fund | 0.24 | 0.42 | 0.39 | 90 | Tactical Allocation | CRTBX vs QEVOX | |
| AQR Diversifying Strategies Fund Class N | 0.24 | 0.26 | 0.19 | 92 | Tactical Allocation | CRTBX vs QDSNX | |
| Hussman Strategic Total Return Fund | 0.31 | 0.32 | 0.30 | 90 | Tactical Allocation | CRTBX vs HSTRX | |
| Potomac Managed Volatility Fund | 0.37 | 0.45 | 0.34 | 70 | Multisector Bonds | CRTBX vs CRMVX |
See all 23 diversifiers for CRTBX
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements CRTBX
Add CRTBX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with CRTBX