Looking to diversify beyond DIISX? The mutual funds below have historically moved differently from DIISX, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for DIISX
0 mutual funds have low correlation with DIISX (below 0.3), 0 of which are negatively correlated. The least correlated is Goldman Sachs GQG Partners International Opportunities Fund (GSIMX) (Foreign Large Cap Equities) with a 1Y correlation of 0.47, down from 0.76 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Goldman Sachs GQG Partners International Opportuni... | 0.47 | 0.68 | 0.76 | 61 | Foreign Large Cap Equities | DIISX vs GSIMX | |
| Federated Hermes International Strategic Value Div... | 0.47 | 0.58 | 0.70 | 88 | Foreign Large Cap Equities | DIISX vs IVFIX | |
| Goldman Sachs GQG Partners International Opportuni... | 0.47 | 0.68 | 0.76 | 61 | Foreign Large Cap Equities | DIISX vs GSINX | |
| BNY Mellon Natural Resources Fund Class A | 0.48 | 0.51 | 0.54 | 85 | Energy Equities | DIISX vs DNLAX | |
| GQG Partners International Quality Dividend Income... | 0.54 | 0.67 | 0.72 | 71 | Quality Factor, Foreign Large Cap Equities | DIISX vs GQJPX |
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