Looking to diversify beyond DHEIX? The mutual funds below have historically moved differently from DHEIX, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for DHEIX
11 mutual funds have low correlation with DHEIX (below 0.3), 2 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Redwood Real Estate Income Fund | -0.04 | — | — | 100 | REIT | DHEIX vs CREMX | |
| Leader Short Term High Yield Bond Fund | -0.02 | 0.09 | 0.18 | 77 | Short-Term Bond | DHEIX vs LCCMX | |
| GuidePath Absolute Return Allocation Fund | 0.10 | 0.46 | 0.54 | 65 | Short-Term Bond | DHEIX vs GPARX | |
| Nationwide Amundi Strategic Income Fund | 0.20 | 0.28 | 0.18 | 99 | Multisector Bonds | DHEIX vs NWXHX | |
| DFA Two-Year Fixed Income Portfolio | 0.21 | 0.07 | 0.39 | 100 | Short-Term Bond | DHEIX vs DFCFX |
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