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Diamond Hill Core Bond Fund (DHRAX) Diversifiers

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

The investment seeks to maximize total return consistent with the preservation of capital. The fund seeks to provide total return by investing at least 80% of its net assets (plus any amounts borrowed for investment purposes) in a diversified portfolio of investment grade, fixed income securities, including bonds, debt securities and other similar U.S. dollar-denominated instruments issued by various U.S. public- or private-sector entities, by non-U.S. corporations or U.S. affiliates of non-U.S. corporations. It may invest a significant portion or all of its assets in mortgage-related and mortgage-backed securities at the discretion of the Adviser.

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

Best Diversifiers for DHRAX

0 mutual funds have low correlation with DHRAX (below 0.3), 0 of which are negatively correlated. The least correlated is Diamond Hill Small Cap Fund (DHSCX) (Small Cap Value Equities) with a 1Y correlation of 0.33, up from 0.11 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
DHSCX
Diamond Hill Small Cap Fund0.330.230.11
64
Small Cap Value EquitiesDHRAX vs DHSCX
DHSIX
Diamond Hill Small Cap Fund Class I0.330.230.11
65
Small Cap Value EquitiesDHRAX vs DHSIX
DHEIX
Diamond Hill Short Duration Securitized Bond Fund ...0.570.680.69
99
Short-Term BondDHRAX vs DHEIX
DHEAX
Diamond Hill Short Duration Securitized Bond Fund0.580.680.70
99
Short-Term BondDHRAX vs DHEAX
STWTX
Hartford Schroders Tax-Aware Bond Fund0.660.710.67
53
Intermediate Core BondDHRAX vs STWTX
See all 7 diversifiers for DHRAX

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