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Looking to diversify beyond FAAIX? The mutual funds below have the lowest correlation with FAAIX — 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 FAAIX.

Best Diversifiers for FAAIX

2 mutual funds have low correlation with FAAIX (below 0.3), 1 of which are negatively correlated. The least correlated is SEI Institutional Managed Trust Multi-Asset Inflation Managed Fund (SIFAX) (Diversified Portfolio) with a 1Y correlation of -0.20, down from 0.13 over 5 years.


Diversification Analysis

Build a portfolio that complements FAAIX

Add FAAIX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.

Analyze a portfolio with FAAIX