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Looking to diversify beyond FARMX? The mutual funds below have the lowest correlation with FARMX — 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 FARMX.

Best Diversifiers for FARMX

9 mutual funds have low correlation with FARMX (below 0.3), 0 of which are negatively correlated. The least correlated is Fidelity Blue Chip Growth Fund (FBGRX) (Large Cap Growth Equities) with a 1Y correlation of 0.04, down from 0.37 over 5 years.


See all 30 diversifiers for FARMX

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Low-Correlation Stock Ideas

If you're looking for individual stocks that move independently from FARMX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to FARMX and solid risk/return profiles. The least correlated is Alphabet Inc. Class A (GOOGL) (Communication Services) with a 1Y correlation of 0.04, down from 0.24 over 5 years.


SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankSector
Alphabet Inc. Class A0.040.130.24
96
Communication Services

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Diversification Analysis

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