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
211 mutual funds have low correlation with DCARX (below 0.3), 146 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 -0.19, down from 0.13 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| DFA International Small Cap Value Portfolio | -0.19 | -0.02 | 0.13 | 68 | Foreign Small & Mid Cap Equities | DCARX vs DISVX | |
| DFA International Core Equity Portfolio I | -0.16 | -0.00 | 0.13 | 53 | Foreign Large Cap Equities, Large Cap Blend Equities | DCARX vs DFIEX | |
| DFA International Value Portfolio Institutional Cl... | -0.11 | 0.04 | 0.15 | 83 | Foreign Large Cap Equities | DCARX vs DFIVX | |
| DFA Global Equity Portfolio Institutional Class | -0.11 | 0.02 | 0.14 | 78 | Global Equities | DCARX vs DGEIX | |
| Franklin Michigan Tax-Free Income Fund | -0.10 | 0.15 | 0.20 | 73 | Municipal Bonds | DCARX vs FTTMX |
See all 213 diversifiers for DCARX
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements DCARX
Add DCARX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with DCARX