Looking to diversify beyond DFWVX? The mutual funds below have historically moved differently from DFWVX, 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 DFWVX
0 mutual funds have low correlation with DFWVX (below 0.3), 0 of which are negatively correlated. The least correlated is Federated Hermes International Strategic Value Dividend Fund (IVFIX) (Foreign Large Cap Equities) with a 1Y correlation of 0.49, down from 0.70 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Federated Hermes International Strategic Value Div... | 0.49 | 0.59 | 0.70 | 88 | Foreign Large Cap Equities | DFWVX vs IVFIX | |
| Goldman Sachs GQG Partners International Opportuni... | 0.50 | 0.69 | 0.79 | 53 | Foreign Large Cap Equities | DFWVX vs GSINX | |
| Goldman Sachs GQG Partners International Opportuni... | 0.50 | 0.69 | 0.79 | 54 | Foreign Large Cap Equities | DFWVX vs GSIMX | |
| DFA U.S. Targeted Value Portfolio Institutional Cl... | 0.54 | 0.63 | 0.70 | 84 | Small Cap Value Equities | DFWVX vs DFFVX | |
| Aegis Value Fund Class I | 0.54 | 0.62 | 0.69 | 94 | Small Cap Value Equities | DFWVX vs AVALX |
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