Looking to diversify beyond FABZX? The mutual funds below have the lowest correlation with FABZX — 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 FABZX.
Best Diversifiers for FABZX
11 mutual funds have low correlation with FABZX (below 0.3), 3 of which are negatively correlated. The least correlated is AQR Style Premia Alternative Fund (QSPIX) (Multistrategy) with a 1Y correlation of -0.04, roughly unchanged from -0.13 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| AQR Style Premia Alternative Fund | -0.04 | 0.01 | -0.13 | 52 | Multistrategy | FABZX vs QSPIX | |
| AQR Style Premia Alternative Fund Class N | -0.04 | 0.01 | -0.14 | 51 | Multistrategy | FABZX vs QSPNX | |
| AQR Style Premia Alternative R6 | -0.04 | 0.01 | -0.14 | 52 | Multistrategy | FABZX vs QSPRX | |
| GMO Alternative Allocation Fund | 0.01 | 0.15 | 0.16 | 69 | Multistrategy | FABZX vs GAAVX | |
| Stone Ridge Reinsurance Risk Premium Interval Fund | 0.05 | 0.05 | 0.05 | 100 | Multistrategy | FABZX vs SRRIX |
See all 29 diversifiers for FABZX
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