Looking to diversify beyond DAFGX? The mutual funds below have the lowest correlation with DAFGX — 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 DAFGX.
Best Diversifiers for DAFGX
1 mutual funds have low correlation with DAFGX (below 0.3), 0 of which are negatively correlated. The least correlated is Dunham Monthly Distribution Fund (DAMDX) (Event Driven) with a 1Y correlation of 0.22, down from 0.32 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Dunham Monthly Distribution Fund | 0.22 | 0.28 | 0.32 | 97 | Event Driven | DAFGX vs DAMDX | |
| Dunham International Opportunity Bond Fund | 0.31 | 0.22 | 0.25 | 56 | Global Bonds | DAFGX vs DAIOX | |
| Dunham Small Cap Value Fund | 0.47 | 0.52 | 0.59 | 77 | Small Cap Value Equities | DAFGX vs DCSVX | |
| Dunham High Yield Bond Fund | 0.48 | 0.40 | 0.44 | 70 | High Yield Bonds | DAFGX vs DCHYX | |
| ICON Equity Fund | 0.49 | 0.54 | 0.66 | 84 | Large Cap Growth Equities | DAFGX vs IOLZX |
See all 35 diversifiers for DAFGX
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