Looking to diversify beyond DEFFX? The mutual funds below have historically moved differently from DEFFX, 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 DEFFX
18 mutual funds have low correlation with DEFFX (below 0.3), 1 of which are negatively correlated. The least correlated is DFA California Municipal Real Return Portfolio (DCARX) (Municipal Bonds) with a 1Y correlation of -0.01, down from 0.20 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| DFA California Municipal Real Return Portfolio | -0.01 | 0.16 | 0.20 | 88 | Municipal Bonds | DEFFX vs DCARX | |
| DFA Municipal Real Return Portfolio | 0.02 | 0.19 | 0.22 | 91 | Municipal Bonds | DEFFX vs DMREX | |
| Delaware Floating Rate Fund | 0.19 | 0.24 | 0.26 | 94 | Bank Loan | DEFFX vs DDFLX | |
| Delaware Emerging Markets Fund | 0.20 | 0.12 | 0.13 | 94 | Emerging Markets Equities | DEFFX vs DEMIX | |
| Delaware Growth and Income Fund | 0.20 | 0.14 | 0.08 | 98 | Large Cap Value Equities | DEFFX vs FGINX |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for DEFFX, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is Snowflake Inc. (SNOW) (Technology) with a 1Y correlation of -0.00, roughly unchanged from 0.06 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Snowflake Inc. | -0.00 | 0.03 | 0.06 | 68 | Technology | |
| NVIDIA Corporation | 0.01 | 0.01 | 0.05 | 59 | Technology | |
| NextEra Energy, Inc. | 0.02 | 0.18 | 0.17 | 77 | Utilities | |
| CrowdStrike Holdings, Inc. | 0.06 | 0.03 | 0.06 | 83 | Technology | |
| Flex Ltd. | 0.06 | 0.03 | 0.05 | 92 | Technology |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements DEFFX
Add DEFFX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with DEFFX