Looking to diversify beyond DFIVX? The mutual funds below have the lowest correlation with DFIVX — 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 DFIVX.
Best Diversifiers for DFIVX
23 mutual funds have low correlation with DFIVX (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 0.15 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| DFA California Municipal Real Return Portfolio | -0.08 | 0.04 | 0.15 | 96 | Municipal Bonds | DFIVX vs DCARX | |
| DFA Municipal Real Return Portfolio | -0.04 | 0.09 | 0.19 | 95 | Municipal Bonds | DFIVX vs DMREX | |
| Vanguard Market Neutral Fund Investor Shares | -0.03 | -0.05 | 0.05 | 62 | Long-Short | DFIVX vs VMNFX | |
| DFA Two-Year Fixed Income Portfolio | 0.02 | 0.04 | 0.04 | 66 | Short-Term Bond | DFIVX vs DFCFX | |
| DFA California Short Term Municipal Bond Portfolio | 0.06 | 0.02 | 0.06 | 99 | Municipal Bonds | DFIVX vs DFCMX |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from DFIVX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to DFIVX and solid risk/return profiles. The least correlated is Johnson & Johnson (JNJ) (Healthcare) with a 1Y correlation of 0.22, roughly unchanged from 0.22 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Johnson & Johnson | 0.22 | 0.19 | 0.22 | 92 | Healthcare |
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