Looking to diversify beyond DWFIX? The mutual funds below have historically moved differently from DWFIX, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for DWFIX
3 mutual funds have low correlation with DWFIX (below 0.3), 0 of which are negatively correlated. The least correlated is DFA Two Year Global Fixed Income Portfolio (DFGFX) (Global Bonds) with a 1Y correlation of 0.26, roughly unchanged from 0.35 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| DFA Two Year Global Fixed Income Portfolio | 0.26 | 0.10 | 0.35 | 100 | Global Bonds | DWFIX vs DFGFX | |
| DFA U.S. Large Cap Value Portfolio | 0.28 | 0.18 | 0.08 | 95 | Large Cap Value Equities | DWFIX vs DFLVX | |
| DFA International Value Portfolio Institutional Cl... | 0.29 | 0.19 | 0.09 | 93 | Foreign Large Cap Equities | DWFIX vs DFIVX | |
| DFA U.S. Small Cap Value Portfolio I | 0.31 | 0.20 | 0.09 | 85 | Small Cap Value Equities | DWFIX vs DFSVX | |
| DFA U.S. Large Company Portfolio | 0.32 | 0.19 | 0.14 | 65 | Large Cap Blend Equities | DWFIX vs DFUSX |
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