Looking to diversify beyond DHY? The mutual funds below have the lowest correlation with DHY — 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 DHY.
Best Diversifiers for DHY
10 mutual funds have low correlation with DHY (below 0.3), 0 of which are negatively correlated. The least correlated is Vanguard International High Dividend Yield Index Fund Admiral Shares (VIHAX) (Large Cap Value Equities) with a 1Y correlation of 0.20, down from 0.34 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard International High Dividend Yield Index F... | 0.20 | 0.25 | 0.34 | 73 | Large Cap Value Equities, Dividend, Foreign Large Cap Equities | DHY vs VIHAX | |
| EuroPac International Dividend Income Fund Class A | 0.21 | 0.19 | 0.26 | 88 | Foreign Large Cap Equities, Dividend | DHY vs EPDPX | |
| Fidelity Advisor 529 Dividend Growth Portfolio Cla... | 0.26 | 0.27 | 0.36 | 92 | Dividend | DHY vs FDGDX | |
| Columbia Dividend Income Fund Institutional 3 Clas... | 0.27 | 0.28 | 0.36 | 64 | Large Cap Value Equities, Dividend | DHY vs CDDYX | |
| Pioneer Multi-Asset Income Fund A | 0.27 | 0.26 | 0.31 | 89 | Diversified Portfolio, Dividend | DHY vs PMAIX |
See all 16 diversifiers for DHY
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