Looking to diversify beyond FAHCX? The mutual funds below have the lowest correlation with FAHCX — 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 FAHCX.
Best Diversifiers for FAHCX
7 mutual funds have low correlation with FAHCX (below 0.3), 0 of which are negatively correlated. The least correlated is Pioneer ILS Interval Fund (XILSX) (High Yield Bonds) with a 1Y correlation of 0.11, roughly unchanged from 0.05 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Pioneer ILS Interval Fund | 0.11 | 0.05 | 0.05 | 100 | High Yield Bonds | FAHCX vs XILSX | |
| Cliffwater Corporate Lending Fund | 0.16 | 0.11 | 0.12 | 100 | High Yield Bonds | FAHCX vs CCLFX | |
| Northeast Investors Trust | 0.22 | 0.32 | 0.42 | 80 | High Yield Bonds | FAHCX vs NTHEX | |
| Franklin High Income Fund | 0.25 | 0.39 | 0.54 | 65 | High Yield Bonds | FAHCX vs FHRRX | |
| River Canyon Total Return Bond Fund | 0.27 | 0.27 | 0.32 | 83 | Short-Term Bond | FAHCX vs RCTIX |
See all 162 diversifiers for FAHCX
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