Looking to diversify beyond DHF? The mutual funds below have the lowest correlation with DHF — 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 DHF.
Best Diversifiers for DHF
7 mutual funds have low correlation with DHF (below 0.3), 1 of which are negatively correlated. The least correlated is Pioneer ILS Interval Fund (XILSX) (High Yield Bonds) with a 1Y correlation of -0.03, roughly unchanged from 0.04 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Pioneer ILS Interval Fund | -0.03 | 0.05 | 0.04 | 100 | High Yield Bonds | DHF vs XILSX | |
| RiverPark Short Term High Yield Fund | 0.03 | 0.07 | 0.15 | 99 | High Yield Bonds | DHF vs RPHIX | |
| Cliffwater Corporate Lending Fund | 0.06 | 0.04 | 0.06 | 100 | High Yield Bonds | DHF vs CCLFX | |
| Pioneer Corporate High Yield Fund | 0.11 | 0.25 | 0.37 | 52 | High Yield Bonds | DHF vs RCRYX | |
| RiverPark Strategic Income Fund | 0.23 | 0.17 | 0.25 | 68 | High Yield Bonds | DHF vs RSIIX |
See all 22 diversifiers for DHF
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