Looking to diversify beyond FAGOX? The mutual funds below have historically moved differently from FAGOX, 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 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 0.42, roughly unchanged from 0.43 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| MFS High Income Fund | 0.42 | 0.37 | 0.44 | 51 | High Yield Bonds | FAGOX vs MHITX | |
| Delaware Emerging Markets Fund | 0.57 | 0.56 | 0.60 | 91 | Emerging Markets Equities | FAGOX vs DEMIX | |
| Davis New York Venture Fund Class Y | 0.58 | 0.68 | 0.76 | 90 | Large Cap Growth Equities | FAGOX vs DNVYX | |
| Fidelity International Index Fund | 0.63 | 0.59 | 0.66 | 70 | Foreign Large Cap Equities | FAGOX vs FSPSX | |
| ICON Equity Fund | 0.64 | 0.60 | 0.71 | 80 | Large Cap Growth Equities | FAGOX vs IOLZX |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements FAGOX
Add FAGOX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with FAGOX