Looking to diversify beyond CXHYX? The mutual funds below have the lowest correlation with CXHYX — 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 CXHYX.
Best Diversifiers for CXHYX
10 mutual funds have low correlation with CXHYX (below 0.3), 0 of which are negatively correlated. The least correlated is Delaware Ivy Natural Resources Fund (IGNAX) (Energy Equities) with a 1Y correlation of 0.07, roughly unchanged from 0.03 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Delaware Ivy Natural Resources Fund | 0.07 | 0.06 | 0.03 | 72 | Energy Equities | CXHYX vs IGNAX | |
| Delaware Small Cap Value Fund | 0.17 | 0.13 | 0.08 | 61 | Small Cap Value Equities | CXHYX vs DEVLX | |
| Delaware Ivy Smid Cap Core Fund | 0.18 | 0.14 | 0.09 | 64 | Small Cap Blend Equities | CXHYX vs IYSAX | |
| Delaware Opportunity Fund | 0.18 | 0.15 | 0.09 | 85 | Mid Cap Value Equities | CXHYX vs FIUSX | |
| Delaware Growth and Income Fund | 0.19 | 0.15 | 0.08 | 96 | Large Cap Value Equities | CXHYX vs FGINX |
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