Looking to diversify beyond DXHYX? The mutual funds below have the lowest correlation with DXHYX — 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 DXHYX.
Best Diversifiers for DXHYX
0 mutual funds have low correlation with DXHYX (below 0.3), 0 of which are negatively correlated. The least correlated is ProFunds UltraLatin America Fund (UBPIX) (Leveraged Equities) 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 |
|---|---|---|---|---|---|---|---|
| ProFunds UltraLatin America Fund | 0.40 | 0.47 | 0.43 | 68 | Leveraged Equities | DXHYX vs UBPIX | |
| ProFunds Semiconductor UltraSector Fund | 0.43 | 0.42 | 0.53 | 92 | Leveraged Equities | DXHYX vs SMPIX | |
| Comstock Capital Value Fund | 0.46 | 0.52 | 0.49 | 97 | Inverse Equities | DXHYX vs DRCVX | |
| ProFunds Pharmaceuticals UltraSector Fund | 0.47 | 0.50 | 0.50 | 50 | Leveraged Equities | DXHYX vs PHPIX | |
| ProFunds UltraJapan Fund | 0.50 | 0.45 | 0.48 | 93 | Leveraged Equities | DXHYX vs UJPIX |
See all 15 diversifiers for DXHYX
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