Looking to diversify beyond DHIVX? The mutual funds below have the lowest correlation with DHIVX — 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 DHIVX.
Best Diversifiers for DHIVX
14 mutual funds have low correlation with DHIVX (below 0.3), 0 of which are negatively correlated. The least correlated is Baron Partners Fund (BPTRX) (Large Cap Growth Equities) with a 1Y correlation of 0.01, down from 0.31 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Baron Partners Fund | 0.01 | 0.18 | 0.31 | 59 | Large Cap Growth Equities | DHIVX vs BPTRX | |
| Nationwide Amundi Strategic Income Fund | 0.05 | 0.14 | 0.07 | 99 | Multisector Bonds | DHIVX vs NWXHX | |
| Parametric Commodity Strategy Fund Class A | 0.09 | 0.18 | 0.31 | 73 | Commodities | DHIVX vs EAPCX | |
| AQR Managed Futures Strategy Fund | 0.09 | -0.04 | -0.13 | 92 | Systematic Trend | DHIVX vs AQMIX | |
| AQR Global Equity Fund | 0.17 | 0.36 | 0.55 | 78 | Global Equities | DHIVX vs AQGIX |
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