Looking to diversify beyond DEDIX? The mutual funds below have the lowest correlation with DEDIX — 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 DEDIX.
Best Diversifiers for DEDIX
2 mutual funds have low correlation with DEDIX (below 0.3), 0 of which are negatively correlated. The least correlated is Delaware Emerging Markets Fund (DEMIX) (Emerging Markets Diversified) with a 1Y correlation of 0.28, roughly unchanged from 0.30 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Delaware Emerging Markets Fund | 0.28 | 0.27 | 0.30 | 98 | Emerging Markets Diversified | DEDIX vs DEMIX | |
| Delaware Opportunity Fund | 0.30 | 0.28 | 0.25 | 77 | Mid Cap Value Equities | DEDIX vs FIUSX | |
| Delaware Growth and Income Fund | 0.30 | 0.26 | 0.23 | 96 | Large Cap Value Equities | DEDIX vs FGINX | |
| PIMCO Emerging Markets Currency and Short-Term Inv... | 0.43 | 0.38 | 0.38 | 53 | Emerging Markets Bonds | DEDIX vs PLMIX | |
| Eaton Vance Emerging Markets Debt Opportunities Fu... | 0.43 | 0.34 | 0.43 | 97 | Emerging Markets Bonds | DEDIX vs EELDX |
See all 54 diversifiers for DEDIX
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