Looking to diversify beyond DMREX? The mutual funds below have the lowest correlation with DMREX — 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 DMREX.
Best Diversifiers for DMREX
240 mutual funds have low correlation with DMREX (below 0.3), 30 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.
| 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 | 59 | Foreign Small & Mid Cap Equities | DMREX vs DISVX | |
| BlackRock MuniYield Michigan Quality Fund | -0.08 | 0.07 | 0.14 | 54 | Municipal Bonds | DMREX vs MIY | |
| DFA International Value Portfolio Institutional Cl... | -0.06 | 0.07 | 0.18 | 83 | Foreign Large Cap Equities | DMREX vs DFIVX | |
| Symmetry Panoramic Municipal Fixed Income Fund | -0.06 | 0.14 | 0.19 | 66 | Municipal Bonds | DMREX vs SPMFX | |
| DFA US Core Equity 1 Portfolio I | -0.05 | 0.05 | 0.15 | 75 | Large Cap Blend Equities | DMREX vs DFEOX |
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