Looking to diversify beyond DFWIX? The mutual funds below have historically moved differently from DFWIX, 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 DFWIX
2 mutual funds have low correlation with DFWIX (below 0.3), 0 of which are negatively correlated. The least correlated is Vanguard Commodity Strategy Fund Admiral Shares (VCMDX) (Commodities) with a 1Y correlation of 0.11, down from 0.33 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 | 0.11 | 0.26 | 0.33 | 68 | Commodities | DFWIX vs VCMDX | |
| DFA Real Estate Securities Portfolio Class I | 0.25 | 0.43 | 0.50 | 53 | REIT | DFWIX vs DFREX | |
| Vanguard Short-Term Treasury Fund Admiral Shares | 0.31 | 0.18 | 0.14 | 68 | Government Bonds | DFWIX vs VFIRX | |
| Federated Hermes International Strategic Value Div... | 0.45 | 0.56 | 0.68 | 88 | Foreign Large Cap Equities | DFWIX vs IVFIX | |
| Goldman Sachs GQG Partners International Opportuni... | 0.45 | 0.70 | 0.79 | 61 | Foreign Large Cap Equities | DFWIX vs GSIMX |
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Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for DFWIX, 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 0.45, roughly unchanged from 0.51 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| NVIDIA Corporation | 0.45 | 0.42 | 0.51 | 56 | Technology |
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