Looking to diversify beyond FCRIX? The mutual funds below have the lowest correlation with FCRIX — 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 FCRIX.
Best Diversifiers for FCRIX
31 mutual funds have low correlation with FCRIX (below 0.3), 9 of which are negatively correlated. The least correlated is Stone Ridge Reinsurance Risk Premium Interval Fund (SRRIX) (Multistrategy) with a 1Y correlation of -0.12, down from -0.00 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Stone Ridge Reinsurance Risk Premium Interval Fund | -0.12 | -0.01 | -0.00 | 100 | Multistrategy | FCRIX vs SRRIX | |
| Stone Ridge Diversified Alternatives Fund | -0.09 | -0.03 | 0.01 | 83 | Multistrategy | FCRIX vs SRDAX | |
| Stone Ridge High Yield Reinsurance Risk Premium Fu... | -0.06 | 0.02 | 0.06 | 98 | Multistrategy | FCRIX vs SHRIX | |
| Symmetry Panoramic Alternatives Fund | -0.05 | -0.08 | -0.11 | 97 | Multistrategy | FCRIX vs SPATX | |
| AQR Alternative Risk Premia R6 | -0.05 | -0.07 | -0.11 | 95 | Multistrategy | FCRIX vs QRPRX |
See all 31 diversifiers for FCRIX
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Diversification Analysis
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