Looking to diversify beyond DTGRX? The mutual funds below have the lowest correlation with DTGRX — 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 DTGRX.
Best Diversifiers for DTGRX
9 mutual funds have low correlation with DTGRX (below 0.3), 0 of which are negatively correlated. The least correlated is BNY Mellon Short-Intermediate Municipal Bond Fund (DSIBX) (Municipal Bonds) with a 1Y correlation of 0.09, roughly unchanged from 0.09 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| BNY Mellon Short-Intermediate Municipal Bond Fund | 0.09 | 0.08 | 0.09 | 77 | Municipal Bonds | DTGRX vs DSIBX | |
| BNY Mellon High Yield Municipal Bond Fund | 0.12 | 0.09 | 0.11 | 68 | High Yield Muni | DTGRX vs DHMBX | |
| BNY Mellon New Jersey Municipal Bond Fund Class A | 0.12 | 0.09 | 0.10 | 73 | Municipal Bonds | DTGRX vs DRNJX | |
| BNY Mellon Opportunistic Municipal Securities Fund | 0.13 | 0.09 | 0.11 | 75 | Municipal Bonds | DTGRX vs PTEBX | |
| BNY Mellon Intermediate Municipal Bond Fund | 0.13 | 0.09 | 0.10 | 68 | Municipal Bonds | DTGRX vs DITEX |
See all 36 diversifiers for DTGRX
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