Looking to diversify beyond DMREX? The mutual funds below have historically moved differently from DMREX, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for DMREX
212 mutual funds have low correlation with DMREX (below 0.3), 39 of which are negatively correlated. The least correlated is DFA International Small Cap Value Portfolio Institutional Class (DISVX) (Foreign Small & Mid Cap Equities) with a 1Y correlation of -0.11, down from 0.17 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| DFA International Small Cap Value Portfolio Instit... | -0.11 | 0.05 | 0.17 | 75 | Foreign Small & Mid Cap Equities | DMREX vs DISVX | |
| DFA International Core Equity 2 Portfolio Institut... | -0.07 | 0.05 | 0.16 | 76 | Foreign Large Cap Equities | DMREX vs DFIEX | |
| DFA International Value Portfolio Institutional Cl... | -0.07 | 0.07 | 0.17 | 93 | Foreign Large Cap Equities | DMREX vs DFIVX | |
| DFA US Core Equity 1 Portfolio I | -0.05 | 0.05 | 0.14 | 77 | Large Cap Blend Equities | DMREX vs DFEOX | |
| Franklin Michigan Tax-Free Income Fund | -0.05 | 0.18 | 0.22 | 76 | Municipal Bonds | DMREX vs FTTMX |
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