Looking to diversify beyond DDVIX? The mutual funds below have the lowest correlation with DDVIX — 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 DDVIX.
Best Diversifiers for DDVIX
7 mutual funds have low correlation with DDVIX (below 0.3), 0 of which are negatively correlated. The least correlated is Delaware Tax-Free Pennsylvania Fund (DELIX) (Municipal Bonds) with a 1Y correlation of 0.20, roughly unchanged from 0.10 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Delaware Tax-Free Pennsylvania Fund | 0.20 | 0.17 | 0.10 | 70 | Municipal Bonds | DDVIX vs DELIX | |
| Delaware Tax-Free Oregon Fund | 0.21 | 0.16 | 0.09 | 69 | Municipal Bonds | DDVIX vs FTORX | |
| Delaware Tax-Free New York Fund | 0.22 | 0.15 | 0.08 | 61 | Municipal Bonds | DDVIX vs FTNYX | |
| Delaware Tax-Free Colorado Fund | 0.23 | 0.15 | 0.09 | 76 | Municipal Bonds | DDVIX vs VCTFX | |
| Delaware Tax-Free Idaho Fund | 0.23 | 0.15 | 0.09 | 76 | Municipal Bonds | DDVIX vs VIDAX |
See all 48 diversifiers for DDVIX
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