Looking to diversify beyond DGFAX? The mutual funds below have the lowest correlation with DGFAX — 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 DGFAX.
Best Diversifiers for DGFAX
2 mutual funds have low correlation with DGFAX (below 0.3), 0 of which are negatively correlated. The least correlated is Davis Government Bond Fund (RFBAX) (Government Bonds) with a 1Y correlation of 0.09, roughly unchanged from 0.05 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Davis Government Bond Fund | 0.09 | 0.07 | 0.05 | 76 | Government Bonds | DGFAX vs RFBAX | |
| Cohen & Steers Global Infrastructure Fund Class A | 0.29 | 0.40 | 0.46 | 51 | Global Equities | DGFAX vs CSUAX | |
| Russell Investment Tax-Managed Real Assets Fund | 0.51 | 0.61 | 0.65 | 76 | Global Equities | DGFAX vs RTXAX | |
| New Alternatives Fund | 0.55 | 0.56 | 0.58 | 59 | Global Equities | DGFAX vs NALFX | |
| SEI Institutional Investments Trust Global Managed... | 0.57 | 0.57 | 0.60 | 61 | Global Equities | DGFAX vs SGMAX |
See all 29 diversifiers for DGFAX
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