Looking to diversify beyond DLCFX? The mutual funds below have the lowest correlation with DLCFX — 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 DLCFX.
Best Diversifiers for DLCFX
1 mutual funds have low correlation with DLCFX (below 0.3), 0 of which are negatively correlated. The least correlated is Destinations Low Duration Fixed Income Fund (DLDFX) (Short-Term Bond) with a 1Y correlation of 0.29, up from 0.19 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Destinations Low Duration Fixed Income Fund | 0.29 | 0.18 | 0.19 | 95 | Short-Term Bond | DLCFX vs DLDFX | |
| Goldman Sachs Strategic Volatility Premium Fund | 0.30 | 0.15 | 0.12 | 72 | Large Cap Blend Equities | DLCFX vs SVPFX | |
| Destinations Global Fixed Income Opportunities Fun... | 0.46 | 0.33 | 0.34 | 98 | Global Bonds | DLCFX vs DGFFX | |
| North Square Preferred and Income Securities Fund | 0.50 | 0.36 | 0.42 | 69 | Large Cap Blend Equities | DLCFX vs ORDNX | |
| Destinations Equity Income Fund | 0.61 | 0.68 | 0.74 | 66 | Large Cap Value Equities | DLCFX vs DGEFX |
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