Looking to diversify beyond DIFIX? The mutual funds below have the lowest correlation with DIFIX — 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 DIFIX.
Best Diversifiers for DIFIX
2 mutual funds have low correlation with DIFIX (below 0.3), 0 of which are negatively correlated. The least correlated is MH Elite Small Cap Fund of Funds Fund (MHELX) (Diversified Portfolio) with a 1Y correlation of 0.08, down from 0.42 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| MH Elite Small Cap Fund of Funds Fund | 0.08 | 0.17 | 0.42 | 70 | Diversified Portfolio | DIFIX vs MHELX | |
| Standpoint Multi-Asset Fund Institutional | 0.28 | 0.33 | 0.35 | 82 | Diversified Portfolio | DIFIX vs BLNDX | |
| Allspring Diversified Capital Builder Fund | 0.39 | 0.47 | 0.60 | 95 | Diversified Portfolio | DIFIX vs EKBAX | |
| Concorde Wealth Management Fund | 0.44 | 0.55 | 0.62 | 55 | Diversified Portfolio | DIFIX vs CONWX | |
| SEI Asset Allocation Trust Defensive Strategy Allo... | 0.44 | 0.43 | 0.50 | 99 | Diversified Portfolio | DIFIX vs STDAX |
See all 26 diversifiers for DIFIX
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