Looking to diversify beyond DRIJX? The mutual funds below have the lowest correlation with DRIJX — 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 DRIJX.
Best Diversifiers for DRIJX
0 mutual funds have low correlation with DRIJX (below 0.3), 0 of which are negatively correlated. The least correlated is Dimensional 2020 Target Date Retirement Income Fund (DRIRX) (Target Retirement Date) with a 1Y correlation of 0.67, up from 0.57 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Dimensional 2020 Target Date Retirement Income Fun... | 0.67 | 0.63 | 0.57 | 56 | Target Retirement Date | DRIJX vs DRIRX | |
| DFA U.S. Small Cap Value Portfolio I | 0.69 | 0.76 | 0.81 | 56 | Small Cap Value Equities | DRIJX vs DFSVX | |
| DFA U.S. Targeted Value Portfolio | 0.70 | 0.77 | 0.82 | 50 | Small Cap Value Equities | DRIJX vs DFFVX | |
| Dimensional Retirement Income Fund | 0.73 | 0.76 | 0.73 | 85 | Target Retirement Date | DRIJX vs TDIFX | |
| Fidelity Freedom Blend Income Fund Class K6 | 0.75 | 0.68 | 0.66 | 75 | Target Retirement Date | DRIJX vs FHRDX |
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