Looking to diversify beyond CSOIX? The mutual funds below have the lowest correlation with CSOIX — 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 CSOIX.
Best Diversifiers for CSOIX
5 mutual funds have low correlation with CSOIX (below 0.3), 2 of which are negatively correlated. The least correlated is Credit Suisse Commodity Return Strategy Fund (CRSOX) (Commodities) with a 1Y correlation of -0.25, down from 0.12 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Credit Suisse Commodity Return Strategy Fund | -0.25 | -0.00 | 0.12 | 70 | Commodities | CSOIX vs CRSOX | |
| Credit Suisse Trust Commodity Return Strategy Port... | -0.24 | 0.00 | 0.11 | 70 | Commodities | CSOIX vs CCRSX | |
| Pioneer ILS Interval Fund | 0.01 | 0.05 | 0.05 | 100 | High Yield Bonds | CSOIX vs XILSX | |
| Cliffwater Corporate Lending Fund | 0.07 | 0.11 | 0.14 | 100 | High Yield Bonds | CSOIX vs CCLFX | |
| RiverPark Short Term High Yield Fund | 0.19 | 0.15 | 0.24 | 100 | High Yield Bonds | CSOIX vs RPHIX |
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