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Dodge & Cox Balanced Fund (DODBX) Diversifiers

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

The investment seeks regular income, conservation of principal, and an opportunity for long-term growth of principal and income. The fund invests in a diversified portfolio of equity securities and debt securities. Under normal circumstances no less than 25% and no more than 75% of the fund's total assets will be invested in equity securities. It may invest up to 20% of its total assets in U.S. dollar-denominated equity or debt securities of non-U.S. issuers traded in the United States that are not in the S&P 500 Index.

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

Best Diversifiers for DODBX

3 mutual funds have low correlation with DODBX (below 0.3), 0 of which are negatively correlated. The least correlated is MH Elite Small Cap Fund of Funds Fund (MHELX) (Diversified Portfolio) with a 1Y correlation of 0.08, down from 0.51 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
MHELX
MH Elite Small Cap Fund of Funds Fund0.080.180.51
67
Diversified PortfolioDODBX vs MHELX
VTIPX
Vanguard Short-Term Inflation-Protected Securities...0.170.210.21
88
Inflation-Protected BondsDODBX vs VTIPX
VTEAX
Vanguard Tax-Exempt Bond Index Fund Admiral Shares0.270.240.16
75
Municipal BondsDODBX vs VTEAX
VWLUX
Vanguard Long-Term Tax-Exempt Fund Admiral Shares0.310.230.15
75
Municipal BondsDODBX vs VWLUX
ACV
Virtus Diversified Income & Convertible Fund0.340.470.55
66
Diversified PortfolioDODBX vs ACV
See all 58 diversifiers for DODBX

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Low-Correlation Stock Ideas

If you're looking for individual stocks that move independently from DODBX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to DODBX and solid risk/return profiles. The least correlated is Apple Inc (AAPL) (Technology) with a 1Y correlation of 0.32, down from 0.49 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankSector
AAPL
Apple Inc0.320.330.49
88
Technology

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Diversification Analysis

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