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
72 mutual funds have low correlation with DFYGX (below 0.3), 9 of which are negatively correlated. The least correlated is Saratoga Municipal Bond Portfolio (SMBPX) (Ultrashort Bond) with a 1Y correlation of -0.10, down from 0.05 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Saratoga Municipal Bond Portfolio | -0.10 | -0.04 | 0.05 | 91 | Ultrashort Bond | DFYGX vs SMBPX | |
| PIMCO Short Term Fund | -0.07 | -0.02 | 0.00 | 99 | Ultrashort Bond | DFYGX vs PTSHX | |
| Morgan Stanley Pathway Funds Ultra-ShortTerm Fixed... | -0.06 | 0.04 | -0.02 | 98 | Ultrashort Bond | DFYGX vs TSDUX | |
| SEI Institutional Investments Trust Opportunistic ... | -0.04 | 0.02 | 0.08 | 99 | Ultrashort Bond | DFYGX vs ENIAX | |
| Baird Ultra Short Bond Fund Institutional Class | -0.04 | -0.01 | 0.13 | 100 | Ultrashort Bond | DFYGX vs BUBIX |
See all 73 diversifiers for DFYGX
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements DFYGX
Add DFYGX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with DFYGX