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BNY Mellon Global Emerging Markets Fund (DGIEX) Diversifiers

Mutual Fund · Currency in USD · Last updated Jun 23, 2026

To pursue its goal, the fund normally invests at least 80% of its net assets, plus any borrowings for investment purposes, in common stocks and other equity securities (or derivative or other strategic instruments with similar economic characteristics) of companies organized or with their principal place of business, or majority of assets or business, in emerging market countries. The fund's manager considers emerging market countries to be all countries represented in the Morgan Stanley Capital International Emerging Markets Index (MSCI EM Index), the fund's benchmark index. It is non-diversified.

Looking to diversify beyond DGIEX? The mutual funds below have the lowest correlation with DGIEX — 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 DGIEX.

Best Diversifiers for DGIEX

0 mutual funds have low correlation with DGIEX (below 0.3), 0 of which are negatively correlated. The least correlated is BNY Mellon Natural Resources Fund Class A (DNLAX) (Energy Equities) with a 1Y correlation of 0.34, down from 0.46 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
DNLAX
BNY Mellon Natural Resources Fund Class A0.340.440.46
59
Energy EquitiesDGIEX vs DNLAX
DISSX
BNY Mellon Smallcap Stock Index Fund0.420.500.55
66
Small Cap Blend EquitiesDGIEX vs DISSX
DAGVX
BNY Mellon Dynamic Value Fund0.420.480.54
82
Large Cap Value EquitiesDGIEX vs DAGVX
DRGVX
BNY Mellon Dynamic Value Fund Class I0.420.480.54
83
Large Cap Value EquitiesDGIEX vs DRGVX
DNLDX
BNY Mellon Active MidCap Fund0.460.550.60
52
Mid Cap Blend EquitiesDGIEX vs DNLDX
See all 35 diversifiers for DGIEX

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