Looking to diversify beyond CSVZX? The mutual funds below have the lowest correlation with CSVZX — 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 CSVZX.
Best Diversifiers for CSVZX
0 mutual funds have low correlation with CSVZX (below 0.3), 0 of which are negatively correlated. The least correlated is Federated Hermes Strategic Value Dividend Fund (SVAIX) (Large Cap Value Equities) with a 1Y correlation of 0.47, down from 0.71 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Federated Hermes Strategic Value Dividend Fund | 0.47 | 0.61 | 0.71 | 78 | Large Cap Value Equities | CSVZX vs SVAIX | |
| Columbia Global Technology Growth Fund Class A | 0.53 | 0.50 | 0.58 | 76 | Technology Equities, Large Cap Growth Equities | CSVZX vs CTCAX | |
| Columbia Global Technology Growth Fund | 0.54 | 0.50 | 0.59 | 77 | Technology Equities | CSVZX vs CMTFX | |
| Columbia Seligman Global Technology Fund | 0.61 | 0.60 | 0.67 | 96 | Technology Equities | CSVZX vs SHGTX | |
| Rational Equity Armor Fund | 0.61 | 0.60 | 0.69 | 55 | Large Cap Value Equities | CSVZX vs HDCTX |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements CSVZX
Add CSVZX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with CSVZX