Looking to diversify beyond FAMFX? The mutual funds below have historically moved differently from FAMFX, 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 FAMFX
1 mutual funds have low correlation with FAMFX (below 0.3), 0 of which are negatively correlated. The least correlated is Driehaus Micro Cap Growth Fund (DMCRX) (Small Cap Growth Equities) with a 1Y correlation of 0.28, down from 0.68 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Driehaus Micro Cap Growth Fund | 0.28 | 0.57 | 0.68 | 82 | Small Cap Growth Equities | FAMFX vs DMCRX | |
| Calamos Timpani Small Cap Growth Fund | 0.31 | 0.59 | 0.69 | 55 | Small Cap Growth Equities | FAMFX vs CTSIX | |
| Oberweis Micro Cap Fund | 0.32 | 0.61 | 0.72 | 79 | Small Cap Growth Equities | FAMFX vs OBMCX | |
| Needham Aggressive Growth Fund Retail Class | 0.32 | 0.56 | 0.66 | 60 | Small Cap Growth Equities | FAMFX vs NEAGX | |
| Needham Aggressive Growth Fund Institutional Class | 0.32 | 0.56 | 0.66 | 60 | Small Cap Growth Equities | FAMFX vs NEAIX |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements FAMFX
Add FAMFX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with FAMFX