Looking to diversify beyond FBGLX? The mutual funds below have the lowest correlation with FBGLX — 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 FBGLX.
Best Diversifiers for FBGLX
0 mutual funds have low correlation with FBGLX (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 0.74, roughly unchanged from 0.75 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Dimensional Retirement Income Fund | 0.74 | 0.78 | 0.75 | 83 | Target Retirement Date | FBGLX vs TDIFX | |
| Fidelity Select Semiconductors Portfolio | 0.74 | 0.74 | 0.77 | 97 | Semiconductors, Technology Equities | FBGLX vs FSELX | |
| Prudential Day One Income Fund | 0.80 | 0.81 | 0.83 | 85 | Target Retirement Date | FBGLX vs PDAHX | |
| Fidelity Freedom Index Income Fund Institutional P... | 0.81 | 0.74 | 0.71 | 78 | Target Retirement Date | FBGLX vs FFGZX | |
| Fidelity Freedom Income Fund Class K | 0.82 | 0.75 | 0.73 | 75 | Target Retirement Date | FBGLX vs FNSHX |
See all 56 diversifiers for FBGLX
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