Looking to diversify beyond DMA? The mutual funds below have the lowest correlation with DMA — 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 DMA.
Best Diversifiers for DMA
27 mutual funds have low correlation with DMA (below 0.3), 1 of which are negatively correlated. The least correlated is MH Elite Small Cap Fund of Funds Fund (MHELX) (Diversified Portfolio) with a 1Y correlation of -0.09, down from 0.01 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| MH Elite Small Cap Fund of Funds Fund | -0.09 | 0.01 | — | 67 | Diversified Portfolio | DMA vs MHELX | |
| Virtus Total Return Fund | 0.11 | 0.24 | — | 54 | Diversified Portfolio | DMA vs ZTR | |
| ICON Equity Income Fund | 0.11 | 0.23 | — | 76 | Diversified Portfolio | DMA vs IOEZX | |
| Fidelity Advisor Strategic Real Return Fund Class ... | 0.12 | 0.20 | — | 86 | Diversified Portfolio | DMA vs FSIRX | |
| Fidelity Strategic Real Return Fund Class K6 | 0.13 | 0.20 | 0.22 | 88 | Diversified Portfolio | DMA vs FSRKX |
See all 34 diversifiers for DMA
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