Looking to diversify beyond DLSNX? The mutual funds below have the lowest correlation with DLSNX — 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 DLSNX.
Best Diversifiers for DLSNX
5 mutual funds have low correlation with DLSNX (below 0.3), 1 of which are negatively correlated. The least correlated is DoubleLine Strategic Commodity Fund (DBCMX) (Commodities) with a 1Y correlation of -0.21, down from -0.03 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| DoubleLine Strategic Commodity Fund | -0.21 | -0.09 | -0.03 | 88 | Commodities | DLSNX vs DBCMX | |
| DFA Two-Year Fixed Income Portfolio | 0.03 | 0.05 | 0.35 | 67 | Short-Term Bond | DLSNX vs DFCFX | |
| Leader Short Term High Yield Bond Fund | 0.03 | 0.10 | 0.18 | 79 | Short-Term Bond | DLSNX vs LCCMX | |
| DFA Short-Duration Real Return Portfolio | 0.26 | 0.28 | 0.36 | 99 | Short-Term Bond | DLSNX vs DFAIX | |
| GuidePath Absolute Return Allocation Fund | 0.27 | 0.55 | 0.59 | 72 | Short-Term Bond | DLSNX vs GPARX |
See all 22 diversifiers for DLSNX
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