Looking to diversify beyond DRXIX? The mutual funds below have the lowest correlation with DRXIX — 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 DRXIX.
Best Diversifiers for DRXIX
7 mutual funds have low correlation with DRXIX (below 0.3), 0 of which are negatively correlated. The least correlated is Allspring Real Return Fund (IPBAX) (Inflation-Protected Bonds) with a 1Y correlation of 0.24, down from 0.59 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Allspring Real Return Fund | 0.24 | 0.45 | 0.59 | 88 | Inflation-Protected Bonds | DRXIX vs IPBAX | |
| DFA U.S. Small Cap Value Portfolio I | 0.25 | 0.22 | 0.12 | 61 | Small Cap Value Equities | DRXIX vs DFSVX | |
| DFA U.S. Large Cap Value Portfolio | 0.25 | 0.21 | 0.11 | 92 | Large Cap Value Equities | DRXIX vs DFLVX | |
| DFA U.S. Targeted Value Portfolio | 0.26 | 0.23 | 0.13 | 59 | Small Cap Value Equities | DRXIX vs DFFVX | |
| DFA U.S. Large Company Portfolio | 0.29 | 0.22 | 0.15 | 68 | Large Cap Blend Equities | DRXIX vs DFUSX |
See all 20 diversifiers for DRXIX
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