Looking to diversify beyond DGSCX? The mutual funds below have the lowest correlation with DGSCX — 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 DGSCX.
Best Diversifiers for DGSCX
0 mutual funds have low correlation with DGSCX (below 0.3), 0 of which are negatively correlated. The least correlated is Virtus NFJ Emerging Markets Value Fund (AZMIX) (Emerging Markets Diversified) with a 1Y correlation of 0.33, down from 0.53 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Virtus NFJ Emerging Markets Value Fund | 0.33 | 0.42 | 0.53 | 79 | Emerging Markets Diversified | DGSCX vs AZMIX | |
| Virtus Technology Fund | 0.39 | 0.47 | 0.62 | 66 | Technology Equities | DGSCX vs DRGTX | |
| Virtus Convertible Fund | 0.43 | 0.60 | 0.72 | 93 | Convertible Bonds | DGSCX vs ANNPX | |
| GMO Climate Change Fund | 0.46 | 0.61 | 0.70 | 93 | Global Equities | DGSCX vs GCCHX | |
| New Alternatives Fund | 0.46 | 0.58 | 0.64 | 64 | Global Equities | DGSCX vs NALFX |
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