Looking to diversify beyond CSMIX? The mutual funds below have the lowest correlation with CSMIX — 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 CSMIX.
Best Diversifiers for CSMIX
0 mutual funds have low correlation with CSMIX (below 0.3), 0 of which are negatively correlated. The least correlated is Columbia Global Technology Growth Fund (CMTFX) (Technology Equities) with a 1Y correlation of 0.41, down from 0.60 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Columbia Global Technology Growth Fund | 0.41 | 0.48 | 0.60 | 79 | Technology Equities | CSMIX vs CMTFX | |
| Columbia Global Technology Growth Fund Class A | 0.41 | 0.48 | 0.60 | 78 | Technology Equities, Large Cap Growth Equities | CSMIX vs CTCAX | |
| Aegis Value Fund | 0.47 | 0.55 | 0.61 | 89 | Small Cap Value Equities | CSMIX vs AVALX | |
| Columbia Seligman Technology and Information Fund | 0.48 | 0.59 | 0.68 | 96 | Technology Equities | CSMIX vs SLMCX | |
| Columbia Seligman Global Technology Fund | 0.48 | 0.59 | 0.67 | 96 | Technology Equities | CSMIX vs SHGTX |
See all 35 diversifiers for CSMIX
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