Looking to diversify beyond FAOFX? The mutual funds below have the lowest correlation with FAOFX — 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 FAOFX.
Best Diversifiers for FAOFX
0 mutual funds have low correlation with FAOFX (below 0.3), 0 of which are negatively correlated. The least correlated is Baron Partners Fund (BPTRX) (Large Cap Growth Equities) with a 1Y correlation of 0.46, down from 0.70 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Baron Partners Fund | 0.46 | 0.60 | 0.70 | 72 | Large Cap Growth Equities | FAOFX vs BPTRX | |
| ICON Equity Fund | 0.57 | 0.58 | 0.70 | 84 | Large Cap Growth Equities | FAOFX vs IOLZX | |
| Vanguard Developed Markets Index Fund Admiral Shar... | 0.63 | 0.63 | 0.69 | 61 | Foreign Large Cap Equities | FAOFX vs VTMGX | |
| Fidelity Total International Index Fund | 0.69 | 0.65 | 0.70 | 62 | Foreign Large Cap Equities | FAOFX vs FTIHX | |
| Fidelity ZERO International Index Fund | 0.70 | 0.66 | 0.71 | 65 | Foreign Large Cap Equities | FAOFX vs FZILX |
See all 37 diversifiers for FAOFX
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