Looking to diversify beyond FCENX? The mutual funds below have the lowest correlation with FCENX — 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 FCENX.
Best Diversifiers for FCENX
0 mutual funds have low correlation with FCENX (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 0.56, roughly unchanged from 0.59 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Kopernik International Fund | 0.56 | 0.47 | 0.59 | 54 | Foreign Large Cap Equities | FCENX vs KGIIX | |
| Franklin Income Fund Advisor Class | 0.59 | 0.56 | 0.65 | 89 | Diversified Portfolio | FCENX vs FRIAX | |
| Thornburg Global Opportunities Fund | 0.60 | 0.71 | 0.77 | 91 | Foreign Large Cap Equities | FCENX vs THOIX | |
| Franklin Income Fund Class A1 | 0.63 | 0.59 | 0.66 | 84 | Diversified Portfolio | FCENX vs FKINX | |
| SA International Value Fund | 0.64 | 0.67 | 0.75 | 88 | Foreign Large Cap Equities | FCENX vs SAHMX |
See all 17 diversifiers for FCENX
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