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13D Activist Fund (DDDIX) Diversifiers

Mutual Fund · Currency in USD · Last updated Aug 1, 2026
Documentation

The fund invests primarily in common stocks of U.S. companies of any market capitalization that are the target of shareholder activism. The adviser defines an activist as an investor who holds more than 5% of a company's shares and either (A) has a history of activist investing and/or (B) has publicly disclosed a catalyst for change such as seeking Board seats, improving operations and/or corporate governance practices, approving a merger, spinning-off an operating division or selling a significant amount of company assets. It is non-diversified.

Looking to diversify beyond DDDIX? The mutual funds below have historically moved differently from DDDIX, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.

Best Diversifiers for DDDIX

0 mutual funds have low correlation with DDDIX (below 0.3), 0 of which are negatively correlated. The least correlated is John Hancock Variable Insurance Trust Mid Cap Index Trust Fund (JECIX) (Mid Cap Blend Equities) with a 1Y correlation of 0.54, down from 0.80 over 5 years.

How candidates are selected
SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
JECIX
John Hancock Variable Insurance Trust Mid Cap Inde...0.540.690.80
69
Mid Cap Blend EquitiesDDDIX vs JECIX
RYDVX
Royce Dividend Value Fund0.550.720.80
65
Mid Cap Blend EquitiesDDDIX vs RYDVX
FMDCX
Federated Hermes Mid Cap Index Fund0.560.700.80
67
Mid Cap Blend EquitiesDDDIX vs FMDCX
RSINX
Victory RS Investors Fund0.560.670.75
73
Mid Cap Blend EquitiesDDDIX vs RSINX
TARKX
Tarkio Fund0.570.710.78
65
Mid Cap Blend EquitiesDDDIX vs TARKX
See all 59 diversifiers for DDDIX

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Low-Correlation Stock Ideas

The table shows companies with at least $1B in market capitalization, historical correlation data for DDDIX, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is Innovative Industrial Properties, Inc. (IIPR) (Real Estate) with a 1Y correlation of 0.33, down from 0.56 over 5 years.

How candidates are selected
SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankSector
IIPR
Innovative Industrial Properties, Inc.0.330.490.56
71
Real Estate

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