Looking to diversify beyond CSIEX? The mutual funds below have historically moved differently from CSIEX, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for CSIEX
15 mutual funds have low correlation with CSIEX (below 0.3), 0 of which are negatively correlated. The least correlated is Calvert Ultra-Short Duration Income Fund (CULAX) (Ultrashort Bond) with a 1Y correlation of 0.10, roughly unchanged from 0.15 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Calvert Ultra-Short Duration Income Fund | 0.10 | 0.11 | 0.15 | 99 | Ultrashort Bond | CSIEX vs CULAX | |
| Calvert Emerging Markets Equity Fund | 0.14 | 0.35 | 0.45 | 66 | Emerging Markets Equities | CSIEX vs CVMIX | |
| Calvert Emerging Markets Advancement Fund | 0.17 | 0.36 | 0.46 | 57 | Emerging Markets Equities | CSIEX vs CEFIX | |
| Fidelity OTC Portfolio Class K | 0.17 | 0.45 | 0.65 | 76 | Large Cap Growth Equities | CSIEX vs FOCKX | |
| Fidelity OTC Portfolio | 0.17 | 0.45 | 0.65 | 76 | Large Cap Growth Equities | CSIEX vs FOCPX |
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