Looking to diversify beyond CSZIX? The mutual funds below have the lowest correlation with CSZIX — 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 CSZIX.
Best Diversifiers for CSZIX
11 mutual funds have low correlation with CSZIX (below 0.3), 1 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| TIAA Real Estate Account | -0.18 | — | — | 99 | REIT | CSZIX vs QREARX | |
| Redwood Real Estate Income Fund | 0.05 | — | — | 100 | REIT | CSZIX vs CREMX | |
| Cohen & Steers MLP & Energy Opportunity Fund, Inc. | 0.14 | 0.29 | 0.41 | 97 | Energy Equities | CSZIX vs MLOZX | |
| Cohen & Steers Preferred Securities and Income SMA... | 0.20 | 0.29 | 0.32 | 88 | Preferred Stock/Convertible Bonds | CSZIX vs PISHX | |
| Vanguard 500 Index Fund Admiral Shares | 0.20 | 0.40 | 0.56 | 62 | S&P 500, Large Cap Blend Equities | CSZIX vs VFIAX |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from CSZIX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to CSZIX and solid risk/return profiles. The least correlated is Realty Income Corporation (O) (Real Estate) with a 1Y correlation of 0.69, roughly unchanged from 0.75 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Realty Income Corporation | 0.69 | 0.70 | 0.75 | 69 | Real Estate |
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