Looking to diversify beyond FAPMX? The mutual funds below have the lowest correlation with FAPMX — 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 FAPMX.
Best Diversifiers for FAPMX
0 mutual funds have low correlation with FAPMX (below 0.3), 0 of which are negatively correlated. The least correlated is Russell Investment Tax-Managed Real Assets Fund (RTXAX) (Global Equities) with a 1Y correlation of 0.55, roughly unchanged from 0.60 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Russell Investment Tax-Managed Real Assets Fund | 0.55 | 0.60 | — | 81 | Global Equities | FAPMX vs RTXAX | |
| Polaris Global Value Fund | 0.57 | 0.64 | 0.69 | 90 | Global Equities | FAPMX vs PGVFX | |
| Fidelity Select Semiconductors Portfolio | 0.57 | 0.65 | — | 97 | Semiconductors, Technology Equities | FAPMX vs FSELX | |
| T. Rowe Price Real Assets Fund | 0.58 | 0.61 | — | 57 | Global Equities | FAPMX vs PRAFX | |
| GMO Climate Change Fund | 0.59 | 0.61 | — | 93 | Global Equities | FAPMX vs GCCHX |
See all 30 diversifiers for FAPMX
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