Looking to diversify beyond DLBMX? The mutual funds below have the lowest correlation with DLBMX — 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 DLBMX.
Best Diversifiers for DLBMX
2 mutual funds have low correlation with DLBMX (below 0.3), 0 of which are negatively correlated. The least correlated is MassMutual Short Duration Bond Fund (MSTDX) (Short-Term Bond) with a 1Y correlation of 0.20, roughly unchanged from 0.16 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| MassMutual Short Duration Bond Fund | 0.20 | 0.15 | 0.16 | 88 | Short-Term Bond | DLBMX vs MSTDX | |
| MassMutual Diversified Bond Fund | 0.30 | 0.25 | 0.19 | 83 | Intermediate Core-Plus Bond | DLBMX vs MDVAX | |
| MassMutual High Yield Fund | 0.48 | 0.51 | 0.49 | 80 | High Yield Bonds | DLBMX vs DLHYX | |
| Auer Growth Fund | 0.71 | 0.76 | 0.80 | 83 | Small Cap Blend Equities | DLBMX vs AUERX | |
| MM S&P 500 Index Fund | 0.75 | 0.77 | 0.82 | 63 | S&P 500 | DLBMX vs MIEYX |
See all 33 diversifiers for DLBMX
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