Looking to diversify beyond DFSTX? The mutual funds below have the lowest correlation with DFSTX — 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 DFSTX.
Best Diversifiers for DFSTX
17 mutual funds have low correlation with DFSTX (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 -0.07, down from 0.12 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| DFA California Municipal Real Return Portfolio | -0.07 | 0.01 | 0.12 | 95 | Municipal Bonds | DFSTX vs DCARX | |
| DFA California Short Term Municipal Bond Portfolio | -0.03 | 0.00 | 0.04 | 99 | Municipal Bonds | DFSTX vs DFCMX | |
| DFA Municipal Real Return Portfolio | -0.03 | 0.04 | 0.14 | 94 | Municipal Bonds | DFSTX vs DMREX | |
| DFA Two-Year Fixed Income Portfolio | 0.06 | 0.06 | 0.06 | 68 | Short-Term Bond | DFSTX vs DFCFX | |
| DFA NY Municipal Bond Portfolio | 0.09 | 0.12 | 0.07 | 99 | Municipal Bonds | DFSTX vs DNYMX |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from DFSTX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to DFSTX and solid risk/return profiles. The least correlated is Exxon Mobil Corporation (XOM) (Energy) with a 1Y correlation of -0.02, down from 0.33 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Exxon Mobil Corporation | -0.02 | 0.20 | 0.33 | 68 | Energy |
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