Looking to diversify beyond CSVFX? The mutual funds below have the lowest correlation with CSVFX — 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 CSVFX.
Best Diversifiers for CSVFX
0 mutual funds have low correlation with CSVFX (below 0.3), 0 of which are negatively correlated. The least correlated is Kopernik International Fund (KGIIX) (Foreign Large Cap Equities) with a 1Y correlation of 0.59, roughly unchanged from 0.64 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Kopernik International Fund | 0.59 | 0.53 | 0.64 | 81 | Foreign Large Cap Equities | CSVFX vs KGIIX | |
| Columbia Seligman Technology and Information Fund | 0.60 | 0.63 | 0.67 | 97 | Technology Equities | CSVFX vs SLMCX | |
| Columbia Seligman Global Technology Fund | 0.61 | 0.63 | 0.67 | 97 | Technology Equities | CSVFX vs SHGTX | |
| Columbia Global Technology Growth Fund | 0.61 | 0.59 | 0.65 | 84 | Technology Equities | CSVFX vs CMTFX | |
| Columbia Global Technology Growth Fund Class A | 0.61 | 0.59 | 0.65 | 83 | Technology Equities, Large Cap Growth Equities | CSVFX vs CTCAX |
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