Looking to diversify beyond DFCFX? The mutual funds below have the lowest correlation with DFCFX — 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 DFCFX.
Best Diversifiers for DFCFX
118 mutual funds have low correlation with DFCFX (below 0.3), 2 of which are negatively correlated. The least correlated is Leader Short Term High Yield Bond Fund (LCCMX) (Short-Term Bond) with a 1Y correlation of -0.05, down from 0.09 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Leader Short Term High Yield Bond Fund | -0.05 | -0.05 | 0.09 | 82 | Short-Term Bond | DFCFX vs LCCMX | |
| Janus Henderson Short Duration Flexible Bond Fund | -0.04 | -0.04 | 0.27 | 83 | Short-Term Bond | DFCFX vs JNSTX | |
| GuidePath Absolute Return Allocation Fund | 0.01 | 0.02 | 0.28 | 54 | Short-Term Bond | DFCFX vs GPARX | |
| T. Rowe Price Short Duration Income Fund | 0.01 | 0.04 | 0.30 | 94 | Short-Term Bond | DFCFX vs TSDLX | |
| Invesco Short Term Bond Fund | 0.01 | 0.01 | 0.31 | 75 | Short-Term Bond | DFCFX vs STBCX |
See all 118 diversifiers for DFCFX
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements DFCFX
Add DFCFX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with DFCFX