Looking to diversify beyond DNVYX? The mutual funds below have the lowest correlation with DNVYX — 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 DNVYX.
Best Diversifiers for DNVYX
0 mutual funds have low correlation with DNVYX (below 0.3), 0 of which are negatively correlated. The least correlated is One Rock Fund (ONERX) (Large Cap Growth Equities) with a 1Y correlation of 0.50, down from 0.70 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| One Rock Fund | 0.50 | 0.64 | 0.70 | 87 | Large Cap Growth Equities | DNVYX vs ONERX | |
| Alger Focus Equity A Fund | 0.53 | 0.64 | 0.73 | 53 | Large Cap Growth Equities | DNVYX vs ALAFX | |
| Alger Focus Equity Fund | 0.53 | 0.64 | 0.72 | 53 | Large Cap Growth Equities | DNVYX vs ALGRX | |
| Alger Focus Equity Fund Class Z | 0.54 | 0.64 | 0.73 | 54 | Large Cap Growth Equities | DNVYX vs ALZFX | |
| Baron Partners Fund | 0.55 | 0.60 | 0.65 | 72 | Large Cap Growth Equities | DNVYX vs BPTRX |
See all 59 diversifiers for DNVYX
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