Looking to diversify beyond DFETX? The mutual funds below have historically moved differently from DFETX, 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 DFETX
2 mutual funds have low correlation with DFETX (below 0.3), 0 of which are negatively correlated. The least correlated is Goldman Sachs GQG Partners International Opportunities Fund Class R6 (GSIYX) (Foreign Large Cap Equities) with a 1Y correlation of 0.18, down from 0.61 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Goldman Sachs GQG Partners International Opportuni... | 0.18 | 0.50 | 0.61 | 51 | Foreign Large Cap Equities, Emerging Markets Equities | DFETX vs GSIYX | |
| The Cook & Bynum Fund | 0.23 | 0.36 | 0.45 | 70 | Emerging Markets Equities | DFETX vs COBYX | |
| DFA U.S. Small Cap Value Portfolio I | 0.39 | 0.46 | 0.52 | 85 | Small Cap Value Equities | DFETX vs DFSVX | |
| DFA U.S. Targeted Value Portfolio Institutional Cl... | 0.39 | 0.46 | 0.53 | 84 | Small Cap Value Equities | DFETX vs DFFVX | |
| Ashmore Emerging Markets Small Cap Equity Fund | 0.43 | 0.62 | 0.70 | 91 | Emerging Markets Equities | DFETX vs ESCIX |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements DFETX
Add DFETX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with DFETX