Looking to diversify beyond CWGIX? The mutual funds below have the lowest correlation with CWGIX — 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 CWGIX.
Best Diversifiers for CWGIX
0 mutual funds have low correlation with CWGIX (below 0.3), 0 of which are negatively correlated. The least correlated is Cohen & Steers Global Infrastructure Fund Class A (CSUAX) (Global Equities) with a 1Y correlation of 0.30, down from 0.57 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Cohen & Steers Global Infrastructure Fund Class A | 0.30 | 0.42 | 0.57 | 52 | Global Equities | CWGIX vs CSUAX | |
| Leader Capital High Quality Floating Rate Fund Inv... | 0.30 | 0.12 | 0.15 | 92 | Intermediate Core-Plus Bond | CWGIX vs LCTRX | |
| Russell Investment Tax-Managed Real Assets Fund | 0.54 | 0.65 | 0.75 | 80 | Global Equities | CWGIX vs RTXAX | |
| Wasatch Global Value Fund Investor Class Shares | 0.57 | 0.58 | 0.71 | 86 | Global Equities | CWGIX vs FMIEX | |
| Polaris Global Value Fund | 0.59 | 0.70 | 0.79 | 93 | Global Equities | CWGIX vs PGVFX |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from CWGIX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to CWGIX and solid risk/return profiles. The least correlated is NVIDIA Corporation (NVDA) (Technology) with a 1Y correlation of 0.55, roughly unchanged from 0.63 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| NVIDIA Corporation | 0.55 | 0.57 | 0.63 | 72 | Technology |
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