Looking to diversify beyond DWAFX? The mutual funds below have the lowest correlation with DWAFX — 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 DWAFX.
Best Diversifiers for DWAFX
1 mutual funds have low correlation with DWAFX (below 0.3), 1 of which are negatively correlated. The least correlated is BlackRock Tactical Opportunities Fund Institutional Class (PBAIX) (Tactical Allocation) 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 |
|---|---|---|---|---|---|---|---|
| BlackRock Tactical Opportunities Fund Institutiona... | -0.02 | 0.22 | 0.20 | 75 | Tactical Allocation | DWAFX vs PBAIX | |
| Quantified STF Fund | 0.51 | 0.55 | 0.44 | 59 | Tactical Allocation | DWAFX vs QSTFX | |
| AQR Diversifying Strategies Fund Class N | 0.53 | 0.46 | 0.35 | 88 | Tactical Allocation | DWAFX vs QDSNX | |
| Potomac Defensive Bull Fund | 0.56 | 0.56 | 0.49 | 94 | Tactical Allocation | DWAFX vs CRDBX | |
| Hussman Strategic Total Return Fund | 0.59 | 0.50 | 0.48 | 89 | Tactical Allocation | DWAFX vs HSTRX |
See all 26 diversifiers for DWAFX
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