Looking to diversify beyond FCQTX? The mutual funds below have the lowest correlation with FCQTX — 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 FCQTX.
Best Diversifiers for FCQTX
0 mutual funds have low correlation with FCQTX (below 0.3), 0 of which are negatively correlated. The least correlated is Dimensional 2020 Target Date Retirement Income Fund (DRIRX) (Target Retirement Date) with a 1Y correlation of 0.69, up from 0.59 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Dimensional 2020 Target Date Retirement Income Fun... | 0.69 | 0.65 | 0.59 | 60 | Target Retirement Date | FCQTX vs DRIRX | |
| Dimensional Retirement Income Fund | 0.72 | 0.75 | 0.73 | 83 | Target Retirement Date | FCQTX vs TDIFX | |
| American Funds The Income Fund of America Class A | 0.74 | 0.80 | 0.84 | 53 | Diversified Portfolio, Dividend | FCQTX vs AMECX | |
| Dimensional 2015 Target Date Retirement Income Fun... | 0.74 | 0.70 | 0.65 | 62 | Target Retirement Date | FCQTX vs DRIQX | |
| MFS Lifetime Income Fund | 0.77 | 0.76 | 0.80 | 60 | Target Retirement Date | FCQTX vs MLLIX |
See all 618 diversifiers for FCQTX
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