Looking to diversify beyond DMTFX? The mutual funds below have historically moved differently from DMTFX, 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 DMTFX
22 mutual funds have low correlation with DMTFX (below 0.3), 1 of which are negatively correlated. The least correlated is DFA California Municipal Real Return Portfolio (DCARX) (Municipal Bonds) with a 1Y correlation of -0.03, down from 0.20 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| DFA California Municipal Real Return Portfolio | -0.03 | 0.14 | 0.20 | 91 | Municipal Bonds | DMTFX vs DCARX | |
| DFA Municipal Real Return Portfolio | 0.00 | 0.18 | 0.22 | 94 | Municipal Bonds | DMTFX vs DMREX | |
| Delaware Ivy Natural Resources Fund | 0.04 | 0.06 | 0.03 | 87 | Energy Equities | DMTFX vs IGNAX | |
| Delaware Growth and Income Fund | 0.19 | 0.16 | 0.09 | 98 | Large Cap Value Equities | DMTFX vs FGINX | |
| Delaware Emerging Markets Fund | 0.20 | 0.12 | 0.11 | 91 | Emerging Markets Equities | DMTFX vs DEMIX |
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