Looking to diversify beyond FAOAX? The mutual funds below have the lowest correlation with FAOAX — 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 FAOAX.
Best Diversifiers for FAOAX
8 mutual funds have low correlation with FAOAX (below 0.3), 0 of which are negatively correlated. The least correlated is Virtus NFJ International Value Fund (ANJIX) (Foreign Large Cap Equities) with a 1Y correlation of 0.27, down from 0.71 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Virtus NFJ International Value Fund | 0.27 | 0.59 | 0.71 | 70 | Foreign Large Cap Equities | FAOAX vs ANJIX | |
| Fidelity Select Semiconductors Portfolio | 0.27 | 0.49 | 0.59 | 92 | Semiconductors, Technology Equities | FAOAX vs FSELX | |
| SA International Value Fund | 0.27 | 0.52 | 0.63 | 89 | Foreign Large Cap Equities | FAOAX vs SAHMX | |
| EuroPac International Dividend Income Fund | 0.28 | 0.49 | 0.58 | 76 | Foreign Large Cap Equities | FAOAX vs EPDIX | |
| Pear Tree Polaris Foreign Value Fund | 0.28 | 0.53 | 0.63 | 78 | Foreign Large Cap Equities | FAOAX vs QFVOX |
See all 116 diversifiers for FAOAX
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