Looking to diversify beyond DFEOX? The mutual funds below have historically moved differently from DFEOX, 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 DFEOX
20 mutual funds have low correlation with DFEOX (below 0.3), 3 of which are negatively correlated. The least correlated is DFA California Municipal Real Return Portfolio (DCARX) (Municipal Bonds) with a 1Y correlation of -0.08, down from 0.12 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 | -0.08 | 0.01 | 0.12 | 91 | Municipal Bonds | DFEOX vs DCARX | |
| DFA Commodity Strategy Portfolio | -0.07 | 0.07 | 0.17 | 80 | Commodities | DFEOX vs DCMSX | |
| DFA Municipal Real Return Portfolio | -0.05 | 0.05 | 0.14 | 94 | Municipal Bonds | DFEOX vs DMREX | |
| DFA California Short Term Municipal Bond Portfolio | 0.04 | 0.03 | 0.06 | 99 | Municipal Bonds | DFEOX vs DFCMX | |
| DFA Short Term Municipal Bond Portfolio | 0.11 | 0.02 | 0.03 | 100 | Municipal Bonds | DFEOX vs DFSMX |
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