Looking to diversify beyond CVLOX? The mutual funds below have the lowest correlation with CVLOX — 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 CVLOX.
Best Diversifiers for CVLOX
2 mutual funds have low correlation with CVLOX (below 0.3), 0 of which are negatively correlated. The least correlated is LoCorr Macro Strategies Fund Class I (LFMIX) (Global Allocation) with a 1Y correlation of 0.22, up from 0.04 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| LoCorr Macro Strategies Fund Class I | 0.22 | 0.16 | 0.04 | 85 | Global Allocation | CVLOX vs LFMIX | |
| Lazard Real Assets Portfolio | 0.27 | 0.41 | 0.55 | 59 | Global Allocation | CVLOX vs RALIX | |
| Hartford Real Asset Fund | 0.30 | 0.42 | 0.57 | 88 | Global Allocation | CVLOX vs HRLYX | |
| Nuveen Real Asset Income Fund | 0.31 | 0.42 | 0.58 | 52 | Global Allocation | CVLOX vs NRIIX | |
| MH Elite Select Portfolio of Funds Fund | 0.36 | 0.38 | 0.63 | 57 | Global Allocation | CVLOX vs MHESX |
See all 59 diversifiers for CVLOX
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