Looking to diversify beyond FCFWX? The mutual funds below have the lowest correlation with FCFWX — 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 FCFWX.
Best Diversifiers for FCFWX
0 mutual funds have low correlation with FCFWX (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 0.79, roughly unchanged from 0.79 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Dimensional Retirement Income Fund | 0.79 | 0.81 | 0.79 | 77 | Target Retirement Date | FCFWX vs TDIFX | |
| Voya Target In-Retirement Fund | 0.83 | 0.86 | 0.86 | 79 | Target Retirement Date | FCFWX vs ISOLX | |
| Prudential Day One Income Fund | 0.85 | 0.86 | 0.88 | 79 | Target Retirement Date | FCFWX vs PDAHX | |
| Fidelity Freedom Income Fund Class K | 0.85 | 0.78 | 0.76 | 74 | Target Retirement Date | FCFWX vs FNSHX | |
| Fidelity Managed Retirement 2010 Fund Class K6 | 0.85 | 0.81 | 0.80 | 70 | Target Retirement Date | FCFWX vs FRQHX |
See all 55 diversifiers for FCFWX
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