Looking to diversify beyond CSUIX? The mutual funds below have historically moved differently from CSUIX, 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 CSUIX
22 mutual funds have low correlation with CSUIX (below 0.3), 0 of which are negatively correlated. The least correlated is Cohen & Steers Preferred Securities and Income SMA Shares (PISHX) (Preferred Stock) with a 1Y correlation of 0.19, down from 0.33 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Cohen & Steers Preferred Securities and Income SMA... | 0.19 | 0.30 | 0.33 | 85 | Preferred Stock | CSUIX vs PISHX | |
| Cohen & Steers Preferred Securities and Income Fun... | 0.20 | 0.37 | 0.39 | 77 | Preferred Stock | CSUIX vs CPXIX | |
| NXG Cushing® Midstream Energy Fund | 0.20 | 0.27 | 0.35 | 58 | Energy Equities | CSUIX vs SRV | |
| Cohen & Steers Low Duration Preferred and Income F... | 0.24 | 0.31 | 0.32 | 86 | Preferred Stock | CSUIX vs LPXZX | |
| Vanguard Energy Index Fund Admiral Shares | 0.24 | 0.32 | 0.39 | 72 | Energy Equities | CSUIX vs VENAX |
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