Looking to diversify beyond DGFFX? The mutual funds below have the lowest correlation with DGFFX — 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 DGFFX.
Best Diversifiers for DGFFX
2 mutual funds have low correlation with DGFFX (below 0.3), 0 of which are negatively correlated. The least correlated is DFA Two Year Global Fixed Income Portfolio (DFGFX) (Global Bonds) with a 1Y correlation of 0.18, roughly unchanged from 0.20 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| DFA Two Year Global Fixed Income Portfolio | 0.18 | 0.11 | 0.20 | 100 | Global Bonds | DGFFX vs DFGFX | |
| Destinations Multi Strategy Alternatives Fund | 0.29 | 0.35 | 0.35 | 63 | Multistrategy | DGFFX vs DMSFX | |
| Destinations Equity Income Fund | 0.32 | 0.31 | 0.32 | 75 | Large Cap Value Equities | DGFFX vs DGEFX | |
| Destinations Low Duration Fixed Income Fund | 0.35 | 0.42 | 0.47 | 98 | Short-Term Bond | DGFFX vs DLDFX | |
| Payden Global Low Duration Fund | 0.36 | 0.35 | 0.35 | 85 | Global Bonds | DGFFX vs PYGSX |
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