Looking to diversify beyond FAPTX? The mutual funds below have the lowest correlation with FAPTX — 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 FAPTX.
Best Diversifiers for FAPTX
0 mutual funds have low correlation with FAPTX (below 0.3), 0 of which are negatively correlated. The least correlated is Dimensional Retirement Income Fund (TDIFX) (Target Retirement Date) with a 1Y correlation of 0.83, roughly unchanged from 0.85 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Dimensional Retirement Income Fund | 0.83 | 0.87 | 0.85 | 77 | Target Retirement Date | FAPTX vs TDIFX | |
| Voya Target Retirement 2040 Fund | 0.84 | 0.90 | 0.92 | 81 | Target Retirement Date | FAPTX vs IRSOX | |
| Dimensional 2060 Target Date Retirement Income Fun... | 0.85 | 0.88 | 0.91 | 81 | Target Retirement Date | FAPTX vs DRILX | |
| Dimensional 2065 Target Date Retirement Income Fun... | 0.85 | 0.87 | 0.91 | 81 | Target Retirement Date | FAPTX vs DTDRX | |
| Dimensional 2055 Target Date Retirement Income Fun... | 0.85 | 0.89 | 0.91 | 80 | Target Retirement Date | FAPTX vs DRIKX |
See all 44 diversifiers for FAPTX
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