Looking to diversify beyond DLFNX? The mutual funds below have the lowest correlation with DLFNX — 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 DLFNX.
Best Diversifiers for DLFNX
1 mutual funds have low correlation with DLFNX (below 0.3), 1 of which are negatively correlated. The least correlated is DoubleLine Strategic Commodity Fund (DBCMX) (Commodities) with a 1Y correlation of -0.26, down from -0.09 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| DoubleLine Strategic Commodity Fund | -0.26 | -0.15 | -0.09 | 70 | Commodities | DLFNX vs DBCMX | |
| Holbrook Income Fund Class I | 0.35 | 0.33 | 0.39 | 99 | Intermediate Core-Plus Bond | DLFNX vs HOBIX | |
| Leader Capital High Quality Floating Rate Fund Inv... | 0.42 | 0.23 | 0.17 | 95 | Intermediate Core-Plus Bond | DLFNX vs LCTRX | |
| Leader Capital High Quality Income Fund Institutio... | 0.42 | 0.21 | 0.15 | 96 | Intermediate Core-Plus Bond | DLFNX vs LCTIX | |
| DoubleLine Low Duration Emerging Markets Fixed Inc... | 0.49 | 0.47 | 0.55 | 98 | Emerging Markets Bonds | DLFNX vs DBLLX |
See all 14 diversifiers for DLFNX
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