Looking to diversify beyond DCDGX? The mutual funds below have the lowest correlation with DCDGX — 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 DCDGX.
Best Diversifiers for DCDGX
0 mutual funds have low correlation with DCDGX (below 0.3), 0 of which are negatively correlated. The least correlated is Dunham International Opportunity Bond Fund (DAIOX) (Global Bonds) with a 1Y correlation of 0.32, roughly unchanged from 0.26 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Dunham International Opportunity Bond Fund | 0.32 | 0.28 | 0.26 | 56 | Global Bonds | DCDGX vs DAIOX | |
| Dunham Monthly Distribution Fund | 0.44 | 0.43 | 0.41 | 97 | Event Driven | DCDGX vs DAMDX | |
| Dunham High Yield Bond Fund | 0.56 | 0.50 | 0.48 | 70 | High Yield Bonds | DCDGX vs DCHYX | |
| Dunham Emerging Markets Stock Fund | 0.65 | 0.60 | 0.62 | 81 | Emerging Markets Diversified | DCDGX vs DCEMX | |
| Dunham International Stock Fund | 0.71 | 0.64 | 0.65 | 90 | Foreign Large Cap Equities | DCDGX vs DCINX |
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