PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan

BNY Mellon Opportunistic Midcap Value Fund (DMCVX) Diversifiers

Mutual Fund · Currency in USD · Last updated Jun 23, 2026

To pursue its goal, the fund normally invests at least 80% of its net assets, plus any borrowings for investment purposes, in equity securities of mid-cap companies. The advisor currently considers mid-cap companies to be those with market capitalizations, at the time of purchase, within the market capitalization range of companies comprising the Russell Midcap Value Index, the fund's benchmark index. The fund's portfolio managers identify potential investments through extensive quantitative and fundamental research.

Looking to diversify beyond DMCVX? The mutual funds below have the lowest correlation with DMCVX — 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 DMCVX.

Best Diversifiers for DMCVX

0 mutual funds have low correlation with DMCVX (below 0.3), 0 of which are negatively correlated. The least correlated is BNY Mellon Natural Resources Fund Class A (DNLAX) (Energy Equities) with a 1Y correlation of 0.53, down from 0.68 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
DNLAX
BNY Mellon Natural Resources Fund Class A0.530.640.68
59
Energy EquitiesDMCVX vs DNLAX
DTGRX
BNY Mellon Technology Growth Fund0.580.620.67
72
Technology EquitiesDMCVX vs DTGRX
DRRIX
BNY Mellon Global Real Return Fund - Class I0.620.660.62
74
Tactical AllocationDMCVX vs DRRIX
TARKX
Tarkio Fund0.700.770.83
68
Mid Cap Blend EquitiesDMCVX vs TARKX
DSPIX
BNY Mellon Institutional S&P 500 Stock Index Fund0.740.780.83
66
S&P 500DMCVX vs DSPIX
See all 25 diversifiers for DMCVX

To view more results, upgrade your current subscription plan.

Diversification Analysis

Build a portfolio that complements DMCVX

Add DMCVX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.

Analyze a portfolio with DMCVX