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 0.81, 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 | 0.81 | 0.81 | 0.79 | 83 | Target Retirement Date | FCFWX vs TDIFX | |
| Voya Target In-Retirement Fund | 0.82 | 0.86 | 0.86 | 74 | Target Retirement Date | FCFWX vs ISOLX | |
| Fidelity Managed Retirement 2010 Fund Class K6 | 0.83 | 0.80 | 0.80 | 84 | Target Retirement Date | FCFWX vs FRQHX | |
| Fidelity Advisor Managed Retirement 2010 Fund Clas... | 0.84 | 0.80 | 0.80 | 70 | Target Retirement Date | FCFWX vs FRQIX | |
| Fidelity Advisor Managed Retirement Income Fund Cl... | 0.84 | 0.79 | 0.77 | 70 | Target Retirement Date | FCFWX vs FRIMX |
See all 53 diversifiers for FCFWX
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements FCFWX
Add FCFWX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with FCFWX