Looking to diversify beyond FCADX? The mutual funds below have the lowest correlation with FCADX — 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 FCADX.
Best Diversifiers for FCADX
0 mutual funds have low correlation with FCADX (below 0.3), 0 of which are negatively correlated. The least correlated is Kopernik International Fund (KGIIX) (Foreign Large Cap Equities) with a 1Y correlation of 0.57, roughly unchanged from 0.58 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Kopernik International Fund | 0.57 | 0.46 | 0.58 | 54 | Foreign Large Cap Equities | FCADX vs KGIIX | |
| SA International Value Fund | 0.59 | 0.62 | 0.70 | 88 | Foreign Large Cap Equities | FCADX vs SAHMX | |
| EuroPac International Dividend Income Fund Class A | 0.61 | 0.61 | 0.67 | 74 | Foreign Large Cap Equities, Dividend | FCADX vs EPDPX | |
| EuroPac International Dividend Income Fund | 0.61 | 0.61 | 0.67 | 75 | Foreign Large Cap Equities | FCADX vs EPDIX | |
| Thornburg Global Opportunities Fund | 0.65 | 0.74 | 0.79 | 91 | Foreign Large Cap Equities | FCADX vs THOIX |
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