Looking to diversify beyond FAOOX? The mutual funds below have the lowest correlation with FAOOX — 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 FAOOX.
Best Diversifiers for FAOOX
0 mutual funds have low correlation with FAOOX (below 0.3), 0 of which are negatively correlated. The least correlated is Goldman Sachs Strategic Volatility Premium Fund (SVPFX) (Large Cap Blend Equities) with a 1Y correlation of 0.31, up from 0.13 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Goldman Sachs Strategic Volatility Premium Fund | 0.31 | 0.15 | 0.13 | 72 | Large Cap Blend Equities | FAOOX vs SVPFX | |
| North Square Preferred and Income Securities Fund | 0.52 | 0.37 | 0.43 | 69 | Large Cap Blend Equities | FAOOX vs ORDNX | |
| Rock Oak Core Growth Fund | 0.58 | 0.71 | 0.80 | 62 | Large Cap Blend Equities | FAOOX vs RCKSX | |
| Glenmede Responsible ESG U.S. Equity Portfolio | 0.63 | 0.78 | 0.87 | 88 | Large Cap Blend Equities | FAOOX vs RESGX | |
| Centre American Select Equity Fund | 0.71 | 0.81 | 0.83 | 90 | Large Cap Blend Equities | FAOOX vs DHAMX |
See all 28 diversifiers for FAOOX
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