Looking to diversify beyond DEMIX? The mutual funds below have historically moved differently from DEMIX, 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 DEMIX
20 mutual funds have low correlation with DEMIX (below 0.3), 1 of which are negatively correlated. The least correlated is Credit Suisse Trust Commodity Return Strategy Portfolio (CCRSX) (Commodities) with a 1Y correlation of -0.04, down from 0.18 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Credit Suisse Trust Commodity Return Strategy Port... | -0.04 | 0.13 | 0.18 | 76 | Commodities | DEMIX vs CCRSX | |
| Goldman Sachs GQG Partners International Opportuni... | 0.11 | 0.38 | 0.50 | 56 | Foreign Large Cap Equities, Emerging Markets Equities | DEMIX vs GSIYX | |
| Delaware Healthcare Fund | 0.12 | 0.24 | 0.32 | 77 | Health & Biotech Equities | DEMIX vs DLHIX | |
| Delaware Ivy Securian Real Estate Securities Fund | 0.13 | 0.23 | 0.31 | 81 | REIT | DEMIX vs IRSAX | |
| Delaware Tax-Free Colorado Fund | 0.15 | 0.10 | 0.11 | 84 | Municipal Bonds | DEMIX vs VCTFX |
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 DEMIX, 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 Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock (STRC) (Technology) with a 1Y correlation of 0.20, roughly unchanged from 0.20 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Strategy Inc Variable Rate Series A Perpetual Stre... | 0.20 | 0.20 | 0.20 | 57 | Technology | |
| AngloGold Ashanti Limited | 0.23 | 0.21 | 0.24 | 79 | Basic Materials | |
| Celestica Inc. | 0.31 | 0.39 | 0.43 | 73 | Technology |
Build a portfolio that complements DEMIX
Add DEMIX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with DEMIX