Looking to diversify beyond FARVX? The mutual funds below have the lowest correlation with FARVX — 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 FARVX.
Best Diversifiers for FARVX
1 mutual funds have low correlation with FARVX (below 0.3), 0 of which are negatively correlated. The least correlated is BlackRock Global Equity Market Neutral Fund Class I (BDMIX) (Equity Market Neutral) with a 1Y correlation of 0.28, up from 0.09 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| BlackRock Global Equity Market Neutral Fund Class ... | 0.28 | 0.15 | 0.09 | 96 | Equity Market Neutral | FARVX vs BDMIX | |
| AlphaSimplex Managed Futures Strategy Fund Class Y | 0.45 | 0.22 | -0.01 | 51 | Systematic Trend | FARVX vs ASFYX | |
| Shelton Capital Management Nasdaq-100 Index Fund D... | 0.71 | 0.69 | 0.72 | 59 | Large Cap Growth Equities | FARVX vs NASDX | |
| Voya Target Retirement 2040 Fund | 0.79 | 0.84 | 0.85 | 77 | Target Retirement Date | FARVX vs IRSOX | |
| Dimensional 2060 Target Date Retirement Income Fun... | 0.80 | 0.81 | 0.83 | 78 | Target Retirement Date | FARVX vs DRILX |
See all 52 diversifiers for FARVX
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