Looking to diversify beyond DVSMX? The mutual funds below have the lowest correlation with DVSMX — 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 DVSMX.
Best Diversifiers for DVSMX
0 mutual funds have low correlation with DVSMX (below 0.3), 0 of which are negatively correlated. The least correlated is Driehaus Emerging Markets Small Cap Growth Fund (DRESX) (Emerging Markets Diversified) with a 1Y correlation of 0.56, roughly unchanged from 0.56 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Driehaus Emerging Markets Small Cap Growth Fund | 0.56 | 0.56 | 0.56 | 81 | Emerging Markets Diversified | DVSMX vs DRESX | |
| Driehaus Emerging Markets Growth Fund | 0.66 | 0.64 | 0.65 | 87 | Emerging Markets Diversified | DVSMX vs DREGX | |
| Dana Epiphany ESG Small Cap Equity Fund | 0.77 | 0.85 | 0.87 | 85 | Small Cap Growth Equities | DVSMX vs DSCIX | |
| Needham Small Cap Growth Fund Institutional | 0.81 | 0.82 | 0.83 | 95 | Small Cap Growth Equities | DVSMX vs NESIX | |
| Needham Small Cap Growth Fund | 0.81 | 0.82 | 0.83 | 95 | Small Cap Growth Equities | DVSMX vs NESGX |
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