Looking to diversify beyond DGAGX? The mutual funds below have the lowest correlation with DGAGX — 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 DGAGX.
Best Diversifiers for DGAGX
0 mutual funds have low correlation with DGAGX (below 0.3), 0 of which are negatively correlated. The least correlated is Vanguard Mid-Cap Value Index Fund Admiral Shares (VMVAX) (Mid Cap Value Equities) with a 1Y correlation of 0.53, down from 0.73 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard Mid-Cap Value Index Fund Admiral Shares | 0.53 | 0.63 | 0.73 | 64 | Mid Cap Value Equities | DGAGX vs VMVAX | |
| Baron Partners Fund | 0.56 | 0.61 | 0.66 | 72 | Large Cap Growth Equities | DGAGX vs BPTRX | |
| One Rock Fund | 0.61 | 0.68 | 0.73 | 87 | Large Cap Growth Equities | DGAGX vs ONERX | |
| Fidelity Select Semiconductors Portfolio | 0.62 | 0.68 | 0.73 | 96 | Semiconductors, Technology Equities | DGAGX vs FSELX | |
| ICON Equity Fund | 0.65 | 0.68 | 0.76 | 84 | Large Cap Growth Equities | DGAGX vs IOLZX |
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