Looking to diversify beyond DUTMX? The mutual funds below have the lowest correlation with DUTMX — 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 DUTMX.
Best Diversifiers for DUTMX
0 mutual funds have low correlation with DUTMX (below 0.3), 0 of which are negatively correlated. The least correlated is Dupree Kentucky Tax Free Income Series Fund (KYTFX) (Municipal Bonds) with a 1Y correlation of 0.40, roughly unchanged from 0.43 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Dupree Kentucky Tax Free Income Series Fund | 0.40 | 0.47 | 0.43 | 77 | Municipal Bonds | DUTMX vs KYTFX | |
| Dupree Alabama Tax Free Income Series Fund | 0.41 | 0.50 | 0.44 | 76 | Municipal Bonds | DUTMX vs DUALX | |
| Dupree North Carolina Tax-Free Income Series | 0.44 | 0.51 | 0.45 | 83 | Municipal Bonds | DUTMX vs NTFIX | |
| Dupree Mississippi Tax-Free Income Series | 0.44 | 0.50 | 0.44 | 94 | Municipal Bonds | DUTMX vs DUMSX | |
| Dupree Tennessee Tax Free Income Series Fund | 0.48 | 0.52 | 0.45 | 90 | Municipal Bonds | DUTMX vs TNTIX |
See all 8 diversifiers for DUTMX
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