Looking to diversify beyond DFYGX? The mutual funds below have the lowest correlation with DFYGX — 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 DFYGX.
Best Diversifiers for DFYGX
73 mutual funds have low correlation with DFYGX (below 0.3), 6 of which are negatively correlated. The least correlated is Saratoga Municipal Bond Portfolio (SMBPX) (Ultrashort Bond) with a 1Y correlation of -0.08, down from 0.05 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Saratoga Municipal Bond Portfolio | -0.08 | -0.05 | 0.05 | 92 | Ultrashort Bond | DFYGX vs SMBPX | |
| Columbia Ultra Short Term Bond Fund | -0.05 | -0.03 | 0.12 | 99 | Ultrashort Bond | DFYGX vs CMGUX | |
| T. Rowe Price Ultra Short-Term Bond Fund Class I | -0.04 | -0.01 | 0.14 | 99 | Ultrashort Bond | DFYGX vs TRSTX | |
| PIMCO Short Term Fund | -0.03 | -0.03 | -0.00 | 99 | Ultrashort Bond | DFYGX vs PTSHX | |
| SEI Institutional Investments Trust Opportunistic ... | -0.03 | 0.03 | 0.08 | 99 | Ultrashort Bond | DFYGX vs ENIAX |
See all 76 diversifiers for DFYGX
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