Looking to diversify beyond DFLEX? The mutual funds below have the lowest correlation with DFLEX — 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 DFLEX.
Best Diversifiers for DFLEX
9 mutual funds have low correlation with DFLEX (below 0.3), 1 of which are negatively correlated. The least correlated is Artisan Global Unconstrained Fund (APFPX) (Nontraditional Bonds) with a 1Y correlation of -0.11, up from -0.27 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Artisan Global Unconstrained Fund | -0.11 | -0.27 | — | 99 | Nontraditional Bonds | DFLEX vs APFPX | |
| T. Rowe Price Dynamic Credit Fund | 0.00 | 0.04 | 0.03 | 76 | Nontraditional Bonds | DFLEX vs RPIDX | |
| Victory Pioneer Cat Bond Fund Class Y | 0.06 | — | — | 100 | Nontraditional Bonds | DFLEX vs CBYYX | |
| PGIM Securitized Credit Fund | 0.06 | 0.07 | 0.12 | 99 | Nontraditional Bonds | DFLEX vs SCFZX | |
| Putnam Mortgage Opportunities Fund | 0.14 | 0.10 | 0.10 | 75 | Nontraditional Bonds | DFLEX vs PMOTX |
See all 48 diversifiers for DFLEX
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