Looking to diversify beyond DCREX? The mutual funds below have the lowest correlation with DCREX — 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 DCREX.
Best Diversifiers for DCREX
3 mutual funds have low correlation with DCREX (below 0.3), 2 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| TIAA Real Estate Account | -0.17 | — | — | 98 | REIT | DCREX vs QREARX | |
| Redwood Real Estate Income Fund | -0.06 | — | — | 100 | REIT | DCREX vs CREMX | |
| Dunham International Opportunity Bond Fund | 0.25 | 0.33 | 0.31 | 59 | Global Bonds | DCREX vs DAIOX | |
| Dunham Emerging Markets Stock Fund | 0.30 | 0.43 | 0.52 | 85 | Emerging Markets Diversified | DCREX vs DCEMX | |
| Dunham High Yield Bond Fund | 0.38 | 0.44 | 0.46 | 74 | High Yield Bonds | DCREX vs DCHYX |
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