Looking to diversify beyond CULAX? The mutual funds below have the lowest correlation with CULAX — 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 CULAX.
Best Diversifiers for CULAX
28 mutual funds have low correlation with CULAX (below 0.3), 5 of which are negatively correlated. The least correlated is SEI Institutional Investments Trust Opportunistic Income Fund (ENIAX) (Ultrashort Bond) with a 1Y correlation of -0.08, down from 0.22 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| SEI Institutional Investments Trust Opportunistic ... | -0.08 | 0.10 | 0.22 | 99 | Ultrashort Bond | CULAX vs ENIAX | |
| T. Rowe Price Ultra Short-Term Bond Fund Class I | -0.06 | 0.26 | 0.30 | 99 | Ultrashort Bond | CULAX vs TRSTX | |
| CrossingBridge Ultra-Short Duration Fund | -0.06 | 0.08 | — | 99 | Ultrashort Bond | CULAX vs CBUDX | |
| Calvert Emerging Markets Equity Fund | -0.02 | -0.01 | 0.11 | 87 | Emerging Markets Diversified | CULAX vs CVMIX | |
| Calvert Emerging Markets Advancement Fund | -0.01 | -0.01 | 0.10 | 89 | Emerging Markets Diversified | CULAX vs CEFIX |
See all 43 diversifiers for CULAX
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