Looking to diversify beyond CYBIX? The mutual funds below have the lowest correlation with CYBIX — 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 CYBIX.
Best Diversifiers for CYBIX
4 mutual funds have low correlation with CYBIX (below 0.3), 0 of which are negatively correlated. The least correlated is Cliffwater Corporate Lending Fund (CCLFX) (High Yield Bonds) with a 1Y correlation of 0.02, roughly unchanged from 0.09 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Cliffwater Corporate Lending Fund | 0.02 | 0.07 | 0.09 | 100 | High Yield Bonds | CYBIX vs CCLFX | |
| Pioneer ILS Interval Fund | 0.06 | 0.09 | 0.06 | 100 | High Yield Bonds | CYBIX vs XILSX | |
| RiverPark Short Term High Yield Fund | 0.18 | 0.20 | 0.27 | 100 | High Yield Bonds | CYBIX vs RPHIX | |
| Pioneer Corporate High Yield Fund | 0.24 | 0.66 | 0.78 | 58 | High Yield Bonds | CYBIX vs RCRYX | |
| Calvert Ultra-Short Duration Income Fund | 0.35 | 0.38 | 0.42 | 98 | Ultrashort Bond | CYBIX vs CULAX |
See all 41 diversifiers for CYBIX
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