Looking to diversify beyond DFDSX? The mutual funds below have the lowest correlation with DFDSX — 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 DFDSX.
Best Diversifiers for DFDSX
0 mutual funds have low correlation with DFDSX (below 0.3), 0 of which are negatively correlated. The least correlated is Driehaus Micro Cap Growth Fund (DMCRX) (Small Cap Growth Equities) with a 1Y correlation of 0.55, down from 0.78 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Driehaus Micro Cap Growth Fund | 0.55 | 0.70 | 0.78 | 83 | Small Cap Growth Equities | DFDSX vs DMCRX | |
| Calamos Timpani Small Cap Growth Fund | 0.60 | 0.72 | 0.80 | 77 | Small Cap Growth Equities | DFDSX vs CTSIX | |
| Oberweis Micro Cap Fund | 0.63 | 0.74 | 0.80 | 91 | Small Cap Growth Equities | DFDSX vs OBMCX | |
| Needham Aggressive Growth Fund Institutional Class | 0.64 | 0.70 | 0.77 | 93 | Small Cap Growth Equities | DFDSX vs NEAIX | |
| Needham Aggressive Growth Fund | 0.64 | 0.70 | 0.77 | 93 | Small Cap Growth Equities | DFDSX vs NEAGX |
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