Looking to diversify beyond DDIIX? The mutual funds below have the lowest correlation with DDIIX — 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 DDIIX.
Best Diversifiers for DDIIX
1 mutual funds have low correlation with DDIIX (below 0.3), 0 of which are negatively correlated. The least correlated is MH Elite Small Cap Fund of Funds Fund (MHELX) (Diversified Portfolio) with a 1Y correlation of 0.05, down from 0.51 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| MH Elite Small Cap Fund of Funds Fund | 0.05 | 0.18 | 0.51 | 75 | Diversified Portfolio | DDIIX vs MHELX | |
| Fidelity Advisor Strategic Real Return Fund Class ... | 0.38 | 0.58 | 0.65 | 82 | Diversified Portfolio | DDIIX vs FCSRX | |
| Fidelity Advisor Strategic Real Return Fund Class ... | 0.38 | 0.59 | 0.65 | 87 | Diversified Portfolio | DDIIX vs FSIRX | |
| Fidelity Advisor Strategic Real Return Fund Class ... | 0.39 | 0.58 | 0.65 | 87 | Diversified Portfolio | DDIIX vs FIQDX | |
| Fidelity Strategic Real Return Fund | 0.39 | 0.59 | 0.66 | 86 | Diversified Portfolio | DDIIX vs FSRRX |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements DDIIX
Add DDIIX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with DDIIX