Looking to diversify beyond DCLVX? The mutual funds below have the lowest correlation with DCLVX — 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 DCLVX.
Best Diversifiers for DCLVX
0 mutual funds have low correlation with DCLVX (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 0.34, 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 | 0.34 | 0.29 | 0.26 | 56 | Global Bonds | DCLVX vs DAIOX | |
| Dunham Monthly Distribution Fund | 0.41 | 0.39 | 0.43 | 97 | Event Driven | DCLVX vs DAMDX | |
| Federated Hermes Strategic Value Dividend Fund | 0.47 | 0.60 | 0.72 | 80 | Large Cap Value Equities | DCLVX vs SVAIX | |
| Dunham High Yield Bond Fund | 0.56 | 0.45 | 0.46 | 68 | High Yield Bonds | DCLVX vs DCHYX | |
| Dunham Emerging Markets Stock Fund | 0.58 | 0.52 | 0.56 | 84 | Emerging Markets Diversified | DCLVX vs DCEMX |
See all 39 diversifiers for DCLVX
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