Looking to diversify beyond DCFFX? The mutual funds below have the lowest correlation with DCFFX — 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 DCFFX.
Best Diversifiers for DCFFX
2 mutual funds have low correlation with DCFFX (below 0.3), 0 of which are negatively correlated. The least correlated is Destinations Multi Strategy Alternatives Fund (DMSFX) (Multistrategy) with a 1Y correlation of 0.28, up from 0.15 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Destinations Multi Strategy Alternatives Fund | 0.28 | 0.24 | 0.15 | 63 | Multistrategy | DCFFX vs DMSFX | |
| Destinations Global Fixed Income Opportunities Fun... | 0.29 | 0.42 | 0.41 | 98 | Global Bonds | DCFFX vs DGFFX | |
| Holbrook Income Fund Class I | 0.32 | 0.31 | 0.37 | 99 | Intermediate Core-Plus Bond | DCFFX vs HOBIX | |
| Destinations Small-Mid Cap Equity Fund | 0.32 | 0.24 | 0.16 | 81 | Mid Cap Blend Equities | DCFFX vs DSMFX | |
| Leader Capital High Quality Floating Rate Fund Inv... | 0.39 | 0.22 | 0.16 | 95 | Intermediate Core-Plus Bond | DCFFX vs LCTRX |
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