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Davenport Core Fund (DAVPX) Diversifiers

Mutual Fund · Currency in USD · Last updated Jul 11, 2026

The fund will invest at least 80% of its net assets in common stocks. The Advisor attempts to control risk through diversification among major market sectors. It may invest up to 30% of its net assets in common stocks of foreign issuers when, in the Advisor's opinion, such investments would be advantageous to the fund and help the fund achieve its investment objective. The fund may invest in foreign markets that the Advisor considers to be "emerging markets."

Looking to diversify beyond DAVPX? The mutual funds below have the lowest correlation with DAVPX — 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 DAVPX.

Best Diversifiers for DAVPX

0 mutual funds have low correlation with DAVPX (below 0.3), 0 of which are negatively correlated. The least correlated is One Rock Fund (ONERX) (Large Cap Growth Equities) with a 1Y correlation of 0.59, down from 0.76 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
ONERX
One Rock Fund0.590.710.76
89
Large Cap Growth EquitiesDAVPX vs ONERX
BPTRX
Baron Partners Fund0.590.620.68
75
Large Cap Growth EquitiesDAVPX vs BPTRX
IOLZX
ICON Equity Fund0.670.690.77
76
Large Cap Growth EquitiesDAVPX vs IOLZX
POGRX
PRIMECAP Odyssey Growth Fund0.690.780.85
91
Large Cap Blend EquitiesDAVPX vs POGRX
FUMIX
Fidelity SAI U.S. Momentum Index Fund0.700.810.84
65
Large Cap Growth EquitiesDAVPX vs FUMIX
See all 25 diversifiers for DAVPX

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