Looking to diversify beyond DUMSX? The mutual funds below have the lowest correlation with DUMSX — 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 DUMSX.
Best Diversifiers for DUMSX
10 mutual funds have low correlation with DUMSX (below 0.3), 1 of which are negatively correlated. The least correlated is DFA California Municipal Real Return Portfolio (DCARX) (Municipal Bonds) with a 1Y correlation of -0.02, down from 0.20 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| DFA California Municipal Real Return Portfolio | -0.02 | 0.17 | 0.20 | 95 | Municipal Bonds | DUMSX vs DCARX | |
| DFA Municipal Real Return Portfolio | 0.07 | 0.19 | 0.21 | 94 | Municipal Bonds | DUMSX vs DMREX | |
| DFA Short-Term Selective State Municipal Bond Port... | 0.13 | 0.23 | — | 100 | Municipal Bonds | DUMSX vs DFABX | |
| DFA Short Term Municipal Bond Portfolio | 0.13 | 0.26 | 0.33 | 99 | Municipal Bonds | DUMSX vs DFSMX | |
| DFA California Short Term Municipal Bond Portfolio | 0.18 | 0.30 | 0.38 | 99 | Municipal Bonds | DUMSX vs DFCMX |
See all 24 diversifiers for DUMSX
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