Looking to diversify beyond DFSCX? The mutual funds below have historically moved differently from DFSCX, 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 DFSCX
2 mutual funds have low correlation with DFSCX (below 0.3), 1 of which are negatively correlated. The least correlated is Vanguard Commodity Strategy Fund Admiral Shares (VCMDX) (Commodities) with a 1Y correlation of -0.04, down from 0.17 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard Commodity Strategy Fund Admiral Shares | -0.04 | 0.08 | 0.17 | 68 | Commodities | DFSCX vs VCMDX | |
| Vanguard Short-Term Treasury Fund Admiral Shares | 0.25 | 0.12 | 0.08 | 68 | Government Bonds | DFSCX vs VFIRX | |
| DFA Five Year Global Fixed Income Portfolio | 0.33 | 0.12 | 0.08 | 81 | Global Bonds | DFSCX vs DFGBX | |
| Federated Hermes MDT Small Cap Core Fund | 0.35 | 0.62 | 0.78 | 67 | Small Cap Blend Equities | DFSCX vs QISCX | |
| DFA Short-Term Extended Quality Portfolio | 0.41 | 0.19 | 0.12 | 98 | Short-Term Bond | DFSCX vs DFEQX |
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Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for DFSCX, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is NVIDIA Corporation (NVDA) (Technology) with a 1Y correlation of 0.26, down from 0.45 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| NVIDIA Corporation | 0.26 | 0.30 | 0.45 | 56 | Technology |
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