Looking to diversify beyond CSHTX? The mutual funds below have the lowest correlation with CSHTX — 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 CSHTX.
Best Diversifiers for CSHTX
3 mutual funds have low correlation with CSHTX (below 0.3), 0 of which are negatively correlated. The least correlated is Leader Short Term High Yield Bond Fund (LCCMX) (Short-Term Bond) with a 1Y correlation of 0.16, roughly unchanged from 0.21 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Leader Short Term High Yield Bond Fund | 0.16 | 0.17 | 0.21 | 77 | Short-Term Bond | CSHTX vs LCCMX | |
| DFA Short-Duration Real Return Portfolio | 0.22 | 0.25 | 0.37 | 99 | Short-Term Bond | CSHTX vs DFAIX | |
| GuidePath Absolute Return Allocation Fund | 0.24 | 0.54 | 0.61 | 71 | Short-Term Bond | CSHTX vs GPARX | |
| GuidepathConservative Income Fund | 0.34 | 0.39 | 0.44 | 99 | Short-Term Bond | CSHTX vs GPICX | |
| DFA Short-Term Extended Quality Portfolio | 0.42 | 0.38 | 0.59 | 96 | Short-Term Bond | CSHTX vs DFEQX |
See all 15 diversifiers for CSHTX
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