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 Virtus Stone Harbor Emerging Markets Income Fund (EDF) (Emerging Markets Bonds) with a 1Y correlation of 0.29, roughly unchanged from 0.27 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Virtus Stone Harbor Emerging Markets Income Fund | 0.29 | 0.26 | 0.27 | 56 | Emerging Markets Bonds | DEDIX vs EDF | |
| Delaware Emerging Markets Fund | 0.29 | 0.27 | 0.30 | 98 | Emerging Markets Diversified | DEDIX vs DEMIX | |
| Delaware Small Cap Value Fund | 0.35 | 0.30 | 0.24 | 62 | Small Cap Value Equities | DEDIX vs DEVLX | |
| Delaware Growth and Income Fund | 0.36 | 0.27 | 0.23 | 96 | Large Cap Value Equities | DEDIX vs FGINX | |
| Delaware Opportunity Fund | 0.38 | 0.30 | 0.26 | 87 | Mid Cap Value Equities | DEDIX vs FIUSX |
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