Looking to diversify beyond DSM? The mutual funds below have the lowest correlation with DSM — 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 DSM.
Best Diversifiers for DSM
30 mutual funds have low correlation with DSM (below 0.3), 0 of which are negatively correlated. The least correlated is Harbor Small Cap Value Fund (HASCX) (Small Cap Blend Equities) with a 1Y correlation of 0.19, roughly unchanged from 0.23 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Harbor Small Cap Value Fund | 0.19 | 0.23 | 0.23 | 72 | Small Cap Blend Equities | DSM vs HASCX | |
| Voya Index Plus SmallCap Portfolio | 0.20 | 0.26 | 0.25 | 85 | Small Cap Blend Equities | DSM vs IPSIX | |
| Hodges Small Cap Fund | 0.21 | 0.24 | 0.24 | 60 | Small Cap Blend Equities | DSM vs HDPSX | |
| Brown Advisory Small-Cap Fundamental Value Fund | 0.21 | 0.25 | 0.24 | 66 | Small Cap Blend Equities | DSM vs BIAUX | |
| River Oak Discovery Fund | 0.22 | 0.24 | 0.24 | 89 | Small Cap Blend Equities | DSM vs RIVSX |
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