Looking to diversify beyond FATIX? The mutual funds below have the lowest correlation with FATIX — 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 FATIX.
Best Diversifiers for FATIX
3 mutual funds have low correlation with FATIX (below 0.3), 0 of which are negatively correlated. The least correlated is Gabelli Global Content & Connectivity Fund Class I (GTTIX) (Technology Equities) with a 1Y correlation of 0.28, down from 0.62 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Gabelli Global Content & Connectivity Fund Class I | 0.28 | 0.47 | 0.62 | 82 | Technology Equities | FATIX vs GTTIX | |
| ARK Venture Fund | 0.28 | 0.51 | 0.57 | 98 | Technology Equities | FATIX vs ARKVX | |
| Eaton Vance Emerging and Frontier Countries Equity... | 0.30 | 0.48 | 0.53 | 86 | Emerging Markets Diversified | FATIX vs EICOX | |
| Fidelity Total International Index Fund | 0.34 | 0.51 | 0.61 | 59 | Foreign Large Cap Equities | FATIX vs FTIHX | |
| Fidelity ZERO International Index Fund | 0.35 | 0.52 | 0.62 | 61 | Large Cap Blend Equities, Foreign Large Cap Equities | FATIX vs FZILX |
See all 30 diversifiers for FATIX
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