Looking to diversify beyond DPIGX? The mutual funds below have the lowest correlation with DPIGX — 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 DPIGX.
Best Diversifiers for DPIGX
1 mutual funds have low correlation with DPIGX (below 0.3), 0 of which are negatively correlated. The least correlated is DFA Short-Term Government Portfolio (DFFGX) (Government Bonds) with a 1Y correlation of 0.24, roughly unchanged from 0.31 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| DFA Short-Term Government Portfolio | 0.24 | 0.10 | 0.31 | 59 | Government Bonds | DPIGX vs DFFGX | |
| Dupree Kentucky Tax Free Income Series Fund | 0.33 | 0.40 | 0.42 | 77 | Municipal Bonds | DPIGX vs KYTFX | |
| Dupree Alabama Tax Free Income Series Fund | 0.34 | 0.42 | 0.43 | 76 | Municipal Bonds | DPIGX vs DUALX | |
| Dupree North Carolina Tax-Free Income Series | 0.34 | 0.42 | 0.43 | 83 | Municipal Bonds | DPIGX vs NTFIX | |
| Federated Hermes Adjustable Rate Fund | 0.37 | 0.47 | 0.49 | 99 | Government Bonds | DPIGX vs FEUGX |
See all 14 diversifiers for DPIGX
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