Looking to diversify beyond DDVIX? The mutual funds below have historically moved differently from DDVIX, 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 DDVIX
12 mutual funds have low correlation with DDVIX (below 0.3), 0 of which are negatively correlated. The least correlated is Delaware Floating Rate Fund (DDFLX) (Bank Loan) with a 1Y correlation of 0.06, down from 0.20 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Delaware Floating Rate Fund | 0.06 | 0.14 | 0.20 | 96 | Bank Loan | DDVIX vs DDFLX | |
| Delaware Tax-Free New York Fund | 0.21 | 0.15 | 0.09 | 76 | Municipal Bonds | DDVIX vs FTNYX | |
| Delaware Tax-Free Idaho Fund | 0.22 | 0.16 | 0.09 | 87 | Municipal Bonds | DDVIX vs VIDAX | |
| Delaware Tax-Free Pennsylvania Fund | 0.23 | 0.17 | 0.11 | 80 | Municipal Bonds | DDVIX vs DELIX | |
| Delaware Emerging Markets Fund | 0.23 | 0.29 | 0.37 | 91 | Emerging Markets Equities | DDVIX vs DEMIX |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements DDVIX
Add DDVIX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with DDVIX