Looking to diversify beyond FAMEX? The mutual funds below have the lowest correlation with FAMEX — 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 FAMEX.
Best Diversifiers for FAMEX
0 mutual funds have low correlation with FAMEX (below 0.3), 0 of which are negatively correlated. The least correlated is Victory Trivalent International Small-Cap Fund Class I (MISIX) (Mid Cap Blend Equities) with a 1Y correlation of 0.58, down from 0.68 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Victory Trivalent International Small-Cap Fund Cla... | 0.58 | 0.62 | 0.68 | 53 | Mid Cap Blend Equities, Foreign Small & Mid Cap Equities | FAMEX vs MISIX | |
| Paradigm Select Fund | 0.58 | 0.70 | 0.79 | 89 | Mid Cap Blend Equities | FAMEX vs PFSLX | |
| Tarkio Fund | 0.60 | 0.69 | 0.77 | 62 | Mid Cap Blend Equities | FAMEX vs TARKX | |
| The Texas Fund | 0.62 | 0.70 | 0.71 | 80 | Mid Cap Blend Equities | FAMEX vs BIGTX | |
| Fidelity 500 Index Fund | 0.63 | 0.75 | 0.83 | 75 | S&P 500 | FAMEX vs FXAIX |
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