Looking to diversify beyond DBCMX? The mutual funds below have the lowest correlation with DBCMX — 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 DBCMX.
Best Diversifiers for DBCMX
9 mutual funds have low correlation with DBCMX (below 0.3), 8 of which are negatively correlated. The least correlated is Doubleline Selective Credit Fund (DBSCX) (Multisector Bonds) with a 1Y correlation of -0.25, down from -0.11 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Doubleline Selective Credit Fund | -0.25 | -0.15 | -0.11 | 94 | Multisector Bonds | DBCMX vs DBSCX | |
| DoubleLine Low Duration Emerging Markets Fixed Inc... | -0.23 | -0.04 | 0.05 | 98 | Emerging Markets Bonds | DBCMX vs DBLLX | |
| DoubleLine Flexible Income Fund | -0.22 | -0.07 | 0.02 | 98 | Nontraditional Bonds | DBCMX vs DFLEX | |
| DoubleLine Emerging Markets Fixed Income Fund Clas... | -0.22 | -0.03 | 0.04 | 88 | Emerging Markets Bonds | DBCMX vs DLENX | |
| DoubleLine Low Duration Bond Fund Class N | -0.22 | -0.09 | -0.04 | 97 | Short-Term Bond | DBCMX vs DLSNX |
See all 44 diversifiers for DBCMX
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements DBCMX
Add DBCMX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with DBCMX