Looking to diversify beyond DISRX? The mutual funds below have the lowest correlation with DISRX — 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 DISRX.
Best Diversifiers for DISRX
0 mutual funds have low correlation with DISRX (below 0.3), 0 of which are negatively correlated. The least correlated is BNY Mellon Floating Rate Income Fund (DFLYX) (Bank Loan) with a 1Y correlation of 0.36, roughly unchanged from 0.33 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| BNY Mellon Floating Rate Income Fund | 0.36 | 0.30 | 0.33 | 82 | Bank Loan | DISRX vs DFLYX | |
| BNY Mellon Natural Resources Fund | 0.38 | 0.44 | 0.45 | 59 | Energy Equities | DISRX vs DLDRX | |
| Kopernik International Fund | 0.49 | 0.42 | 0.54 | 54 | Foreign Large Cap Equities | DISRX vs KGIIX | |
| EuroPac International Dividend Income Fund | 0.54 | 0.56 | 0.61 | 75 | Foreign Large Cap Equities | DISRX vs EPDIX | |
| SA International Value Fund | 0.55 | 0.59 | 0.65 | 88 | Foreign Large Cap Equities | DISRX vs SAHMX |
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