Looking to diversify beyond DODWX? The mutual funds below have the lowest correlation with DODWX — 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 DODWX.
Best Diversifiers for DODWX
0 mutual funds have low correlation with DODWX (below 0.3), 0 of which are negatively correlated. The least correlated is Cohen & Steers Global Infrastructure Fund Class A (CSUAX) (Global Equities) with a 1Y correlation of 0.47, down from 0.62 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Cohen & Steers Global Infrastructure Fund Class A | 0.47 | 0.56 | 0.62 | 51 | Global Equities | DODWX vs CSUAX | |
| T. Rowe Price Global Technology Fund I Class | 0.47 | 0.52 | 0.58 | 87 | Technology Equities, Global Equities | DODWX vs PGTIX | |
| Oberweis Global Opportunities Fund | 0.55 | 0.64 | 0.71 | 75 | Global Equities | DODWX vs OBEGX | |
| New Alternatives Fund | 0.62 | 0.66 | 0.66 | 59 | Global Equities | DODWX vs NALFX | |
| Fidelity Advisor Worldwide Fund Class Z | 0.63 | 0.66 | 0.76 | 74 | Global Equities | DODWX vs FIQOX |
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