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
0 mutual funds have low correlation with DGFFX (below 0.3), 0 of which are negatively correlated. The least correlated is T. Rowe Price Global Multi-Sector Bond Fund (PRSNX) (Global Bonds) with a 1Y correlation of 0.32, down from 0.45 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| T. Rowe Price Global Multi-Sector Bond Fund | 0.32 | 0.46 | 0.45 | 91 | Global Bonds | DGFFX vs PRSNX | |
| Payden Global Low Duration Fund | 0.32 | 0.35 | 0.35 | 77 | Global Bonds | DGFFX vs PYGSX | |
| Destinations Equity Income Fund | 0.33 | 0.31 | 0.32 | 66 | Large Cap Value Equities | DGFFX vs DGEFX | |
| Destinations Low Duration Fixed Income Fund | 0.35 | 0.43 | 0.47 | 95 | Short-Term Bond | DGFFX vs DLDFX | |
| DFA Selectively Hedged Global Fixed Income Portfol... | 0.36 | 0.25 | 0.32 | 81 | Global Bonds | DGFFX vs DFSHX |
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