Looking to diversify beyond CSDAX? The mutual funds below have the lowest correlation with CSDAX — 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 CSDAX.
Best Diversifiers for CSDAX
5 mutual funds have low correlation with CSDAX (below 0.3), 1 of which are negatively correlated. The least correlated is DFA Two-Year Fixed Income Portfolio (DFCFX) (Short-Term Bond) with a 1Y correlation of -0.00, down from 0.33 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| DFA Two-Year Fixed Income Portfolio | -0.00 | 0.01 | 0.33 | 68 | Short-Term Bond | CSDAX vs DFCFX | |
| Leader Short Term High Yield Bond Fund | 0.17 | 0.18 | 0.28 | 79 | Short-Term Bond | CSDAX vs LCCMX | |
| Calvert Emerging Markets Equity Fund | 0.21 | 0.13 | 0.17 | 87 | Emerging Markets Diversified | CSDAX vs CVMIX | |
| DFA Short-Duration Real Return Portfolio | 0.25 | 0.27 | 0.40 | 98 | Short-Term Bond | CSDAX vs DFAIX | |
| GuidePath Absolute Return Allocation Fund | 0.29 | 0.60 | 0.66 | 57 | Short-Term Bond | CSDAX vs GPARX |
See all 26 diversifiers for CSDAX
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