Looking to diversify beyond DRIJX? The mutual funds below have historically moved differently from DRIJX, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
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 DFA U.S. Small Cap Value Portfolio I (DFSVX) (Small Cap Value Equities) with a 1Y correlation of 0.65, down from 0.80 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| DFA U.S. Small Cap Value Portfolio I | 0.65 | 0.75 | 0.80 | 85 | Small Cap Value Equities | DRIJX vs DFSVX | |
| DFA U.S. Targeted Value Portfolio Institutional Cl... | 0.66 | 0.76 | 0.81 | 84 | Small Cap Value Equities | DRIJX vs DFFVX | |
| DFA U.S. Large Cap Value Portfolio | 0.75 | 0.78 | 0.85 | 95 | Large Cap Value Equities | DRIJX vs DFLVX | |
| BlackRock Retirement Income 2030 Fund | 0.78 | 0.76 | 0.79 | 56 | Target Retirement Date | DRIJX vs BRIAX | |
| Dimensional 2015 Target Date Retirement Income Fun... | 0.78 | 0.70 | 0.64 | 53 | Target Retirement Date | DRIJX vs DRIQX |
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