Looking to diversify beyond DELIX? The mutual funds below have historically moved differently from DELIX, 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 DELIX
14 mutual funds have low correlation with DELIX (below 0.3), 0 of which are negatively correlated. The least correlated is Delaware Growth and Income Fund (FGINX) (Large Cap Value Equities) with a 1Y correlation of 0.18, roughly unchanged from 0.10 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Delaware Growth and Income Fund | 0.18 | 0.15 | 0.10 | 98 | Large Cap Value Equities | DELIX vs FGINX | |
| Delaware Emerging Markets Fund | 0.18 | 0.11 | 0.12 | 94 | Emerging Markets Equities | DELIX vs DEMIX | |
| DFA Short Term Municipal Bond Portfolio | 0.18 | 0.24 | 0.33 | 100 | Municipal Bonds | DELIX vs DFSMX | |
| Delaware Opportunity Fund | 0.20 | 0.16 | 0.12 | 91 | Mid Cap Value Equities | DELIX vs FIUSX | |
| Delaware Floating Rate Fund | 0.20 | 0.25 | 0.27 | 94 | Bank Loan | DELIX vs DDFLX |
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