Looking to diversify beyond CSUIX? The mutual funds below have the lowest correlation with CSUIX — 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 CSUIX.
Best Diversifiers for CSUIX
11 mutual funds have low correlation with CSUIX (below 0.3), 0 of which are negatively correlated. The least correlated is NXG Cushing® Midstream Energy Fund (SRV) (Energy Equities) with a 1Y correlation of 0.19, down from 0.35 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| NXG Cushing® Midstream Energy Fund | 0.19 | 0.26 | 0.35 | 75 | Energy Equities | CSUIX vs SRV | |
| Cohen & Steers Preferred Securities and Income SMA... | 0.21 | 0.31 | 0.33 | 88 | Preferred Stock/Convertible Bonds | CSUIX vs PISHX | |
| Fidelity Select Energy Portfolio | 0.23 | 0.32 | 0.39 | 63 | Energy Equities | CSUIX vs FSENX | |
| Cohen & Steers Preferred Securities and Income Fun... | 0.23 | 0.39 | 0.40 | 79 | Preferred Stock/Convertible Bonds | CSUIX vs CPXIX | |
| Cavanal Hill World Energy Fund Institutional Class | 0.24 | 0.35 | 0.42 | 67 | Energy Equities | CSUIX vs AIWEX |
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