Looking to diversify beyond DODGX? The mutual funds below have the lowest correlation with DODGX — 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 DODGX.
Best Diversifiers for DODGX
16 mutual funds have low correlation with DODGX (below 0.3), 3 of which are negatively correlated. The least correlated is Fidelity SAI Inflation-Focused (FIFGX) (Commodities) with a 1Y correlation of -0.15, down from 0.18 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity SAI Inflation-Focused | -0.15 | 0.02 | 0.18 | 54 | Commodities | DODGX vs FIFGX | |
| AQR Managed Futures Strategy Fund | -0.03 | -0.05 | -0.10 | 91 | Systematic Trend | DODGX vs AQMIX | |
| AQR Managed Futures Strategy Fund Class N | -0.02 | -0.05 | -0.09 | 91 | Systematic Trend | DODGX vs AQMNX | |
| Vanguard Short-Term Inflation-Protected Securities... | 0.05 | 0.09 | 0.12 | 90 | Inflation-Protected Bonds | DODGX vs VTAPX | |
| Cliffwater Corporate Lending Fund | 0.09 | 0.11 | 0.09 | 100 | High Yield Bonds | DODGX vs CCLFX |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from DODGX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to DODGX and solid risk/return profiles. The least correlated is Altria Group, Inc. (MO) (Consumer Defensive) with a 1Y correlation of -0.03, down from 0.28 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Altria Group, Inc. | -0.03 | 0.17 | 0.28 | 81 | Consumer Defensive | |
| Petróleo Brasileiro S.A. - Petrobras | 0.01 | 0.19 | 0.25 | 80 | Energy | |
| Credo Technology Group Holding Ltd | 0.01 | 0.21 | 0.31 | 83 | Technology | |
| Exxon Mobil Corporation | 0.02 | 0.23 | 0.39 | 75 | Energy | |
| Energy Transfer LP | 0.02 | 0.31 | 0.45 | 84 | Energy |
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