Looking to diversify beyond FAOSX? The mutual funds below have the lowest correlation with FAOSX — 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 FAOSX.
Best Diversifiers for FAOSX
5 mutual funds have low correlation with FAOSX (below 0.3), 0 of which are negatively correlated. The least correlated is Kopernik International Fund (KGIIX) (Foreign Large Cap Equities) with a 1Y correlation of 0.24, down from 0.49 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Kopernik International Fund | 0.24 | 0.33 | 0.49 | 54 | Foreign Large Cap Equities | FAOSX vs KGIIX | |
| EuroPac International Dividend Income Fund | 0.28 | 0.50 | 0.58 | 75 | Foreign Large Cap Equities | FAOSX vs EPDIX | |
| EuroPac International Dividend Income Fund Class A | 0.28 | 0.50 | 0.58 | 74 | Foreign Large Cap Equities, Dividend | FAOSX vs EPDPX | |
| Virtus NFJ International Value Fund | 0.29 | 0.61 | 0.72 | 73 | Foreign Large Cap Equities | FAOSX vs ANJIX | |
| SA International Value Fund | 0.29 | 0.53 | 0.64 | 88 | Foreign Large Cap Equities | FAOSX vs SAHMX |
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