Looking to diversify beyond DFLVX? The mutual funds below have the lowest correlation with DFLVX — 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 DFLVX.
Best Diversifiers for DFLVX
20 mutual funds have low correlation with DFLVX (below 0.3), 3 of which are negatively correlated. The least correlated is DFA California Short Term Municipal Bond Portfolio (DFCMX) (Municipal Bonds) with a 1Y correlation of -0.08, down from 0.04 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| DFA California Short Term Municipal Bond Portfolio | -0.08 | 0.00 | 0.04 | 99 | Municipal Bonds | DFLVX vs DFCMX | |
| DFA California Municipal Real Return Portfolio | -0.07 | 0.08 | 0.17 | 94 | Municipal Bonds | DFLVX vs DCARX | |
| DFA Municipal Real Return Portfolio | -0.03 | 0.08 | 0.18 | 94 | Municipal Bonds | DFLVX vs DMREX | |
| Vanguard Short-Term Inflation-Protected Securities... | 0.04 | 0.10 | 0.14 | 85 | Inflation-Protected Bonds | DFLVX vs VTSPX | |
| DFA Two-Year Fixed Income Portfolio | 0.06 | 0.04 | 0.04 | 65 | Short-Term Bond | DFLVX vs DFCFX |
See all 120 diversifiers for DFLVX
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