Looking to diversify beyond DCARX? The mutual funds below have the lowest correlation with DCARX — 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 DCARX.
Best Diversifiers for DCARX
198 mutual funds have low correlation with DCARX (below 0.3), 165 of which are negatively correlated. The least correlated is DFA International Small Cap Value Portfolio (DISVX) (Foreign Small & Mid Cap Equities) with a 1Y correlation of -0.16, down from 0.14 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| DFA International Small Cap Value Portfolio | -0.16 | -0.01 | 0.14 | 65 | Foreign Small & Mid Cap Equities | DCARX vs DISVX | |
| Symmetry Panoramic Municipal Fixed Income Fund | -0.16 | 0.13 | 0.18 | 53 | Municipal Bonds | DCARX vs SPMFX | |
| Franklin Michigan Tax-Free Income Fund | -0.11 | 0.15 | 0.20 | 64 | Municipal Bonds | DCARX vs FTTMX | |
| Eaton Vance Municipal Opportunities Fund | -0.09 | 0.16 | 0.20 | 75 | Municipal Bonds | DCARX vs EMOIX | |
| DFA International Value Portfolio | -0.09 | 0.04 | 0.15 | 80 | Foreign Large Cap Equities | DCARX vs DFIVX |
See all 200 diversifiers for DCARX
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