Looking to diversify beyond FAGOX? The mutual funds below have the lowest correlation with FAGOX — 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 FAGOX.
Best Diversifiers for FAGOX
0 mutual funds have low correlation with FAGOX (below 0.3), 0 of which are negatively correlated. The least correlated is MFS High Income Fund (MHITX) (High Yield Bonds) with a 1Y correlation of 0.39, roughly unchanged from 0.43 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| MFS High Income Fund | 0.39 | 0.38 | 0.43 | 52 | High Yield Bonds | FAGOX vs MHITX | |
| Baron Partners Fund | 0.47 | 0.60 | 0.70 | 52 | Large Cap Growth Equities | FAGOX vs BPTRX | |
| ICON Equity Fund | 0.58 | 0.59 | 0.70 | 85 | Large Cap Growth Equities | FAGOX vs IOLZX | |
| Vanguard Developed Markets Index Fund Admiral Shar... | 0.63 | 0.64 | 0.69 | 65 | Foreign Large Cap Equities | FAGOX vs VTMGX | |
| Fidelity Total International Index Fund | 0.70 | 0.66 | 0.70 | 66 | Foreign Large Cap Equities | FAGOX vs FTIHX |
See all 43 diversifiers for FAGOX
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