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
7 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/Convertible Bonds) with a 1Y correlation of 0.23, down from 0.33 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Cohen & Steers Preferred Securities and Income SMA... | 0.23 | 0.32 | 0.33 | 85 | Preferred Stock/Convertible Bonds | CSUIX vs PISHX | |
| Oil Equipment & Services UltraSector ProFund | 0.26 | 0.32 | 0.37 | 70 | Energy Equities | CSUIX vs OEPIX | |
| Rydex Energy Services Fund | 0.26 | 0.32 | 0.39 | 63 | Energy Equities | CSUIX vs RYVIX | |
| Cohen & Steers Preferred Securities and Income Fun... | 0.26 | 0.40 | 0.40 | 79 | Preferred Stock/Convertible Bonds | CSUIX vs CPXIX | |
| Cavanal Hill World Energy Fund Institutional Class | 0.27 | 0.37 | 0.43 | 53 | Energy Equities | CSUIX vs AIWEX |
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