Looking to diversify beyond DFESX? The mutual funds below have the lowest correlation with DFESX — 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 DFESX.
Best Diversifiers for DFESX
0 mutual funds have low correlation with DFESX (below 0.3), 0 of which are negatively correlated. The least correlated is Ashmore Emerging Markets Small Cap Equity Fund (ESCIX) (Emerging Markets Diversified) with a 1Y correlation of 0.54, down from 0.74 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Ashmore Emerging Markets Small Cap Equity Fund | 0.54 | 0.69 | 0.74 | 87 | Emerging Markets Diversified | DFESX vs ESCIX | |
| T. Rowe Price Capital Appreciation Fund | 0.61 | 0.57 | 0.59 | 51 | Diversified Portfolio | DFESX vs PRWCX | |
| TIAA-CREF Social Choice Equity Fund | 0.63 | 0.62 | 0.64 | 58 | Large Cap Blend Equities | DFESX vs TISCX | |
| T. Rowe Price Equity Index 500 Fund | 0.66 | 0.63 | 0.63 | 73 | Large Cap Blend Equities | DFESX vs PREIX | |
| Fidelity Blue Chip Growth Fund | 0.68 | 0.63 | 0.64 | 75 | Large Cap Growth Equities | DFESX vs FBGRX |
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