Looking to diversify beyond DRIPX? The mutual funds below have the lowest correlation with DRIPX — 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 DRIPX.
Best Diversifiers for DRIPX
0 mutual funds have low correlation with DRIPX (below 0.3), 0 of which are negatively correlated. The least correlated is Voya Corporate Leaders Trust Fund (LEXCX) (Large Cap Value Equities) with a 1Y correlation of 0.34, down from 0.70 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Voya Corporate Leaders Trust Fund | 0.34 | 0.58 | 0.70 | 70 | Large Cap Value Equities | DRIPX vs LEXCX | |
| AMG Yacktman Focused Fund | 0.41 | 0.62 | 0.73 | 86 | Large Cap Value Equities | DRIPX vs YAFFX | |
| Buffalo Flexible Income Fund | 0.53 | 0.71 | 0.79 | 60 | Large Cap Value Equities | DRIPX vs BUFBX | |
| Federated Hermes Strategic Value Dividend Fund | 0.56 | 0.65 | 0.74 | 84 | Large Cap Value Equities | DRIPX vs SVAIX | |
| AMG Yacktman Fund | 0.57 | 0.73 | 0.81 | 86 | Large Cap Value Equities | DRIPX vs YACKX |
See all 37 diversifiers for DRIPX
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