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Columbia Select Mid Cap Value Fund (NAMAX) Diversifiers

Mutual Fund · Currency in USD · Last updated Aug 1, 2026
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Under normal circumstances, the fund invests at least 80% of its net assets (including the amount of any borrowings for investment purposes) in equity securities of companies that have market capitalizations in the range of the companies in the Russell Midcap Value Index (the index) at the time of purchase that the fund's investment manager believes are undervalued and have the potential for long-term growth. It may invest up to 20% of its total assets in foreign securities. The fund normally invests in common stocks and also may invest in real estate investment trusts.

Looking to diversify beyond NAMAX? The mutual funds below have historically moved differently from NAMAX, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.

Best Diversifiers for NAMAX

0 mutual funds have low correlation with NAMAX (below 0.3), 0 of which are negatively correlated. The least correlated is Columbia Seligman Global Technology Fund (SHGTX) (Technology Equities) with a 1Y correlation of 0.57, down from 0.72 over 5 years.

How candidates are selected
SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
SHGTX
Columbia Seligman Global Technology Fund0.570.630.72
92
Technology EquitiesNAMAX vs SHGTX
SLMCX
Columbia Seligman Technology and Information Fund ...0.580.630.72
93
Technology EquitiesNAMAX vs SLMCX
HOMPX
HW Opportunities MP Fund0.600.740.82
65
Mid Cap Value EquitiesNAMAX vs HOMPX
COSZX
Columbia Overseas Value Fund0.610.630.72
72
Foreign Large Cap EquitiesNAMAX vs COSZX
HWMIX
Hotchkis & Wiley Mid-Cap Value Fund0.640.790.86
86
Mid Cap Value EquitiesNAMAX vs HWMIX
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