Looking to diversify beyond FCTKX? The mutual funds below have historically moved differently from FCTKX, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for FCTKX
0 mutual funds have low correlation with FCTKX (below 0.3), 0 of which are negatively correlated. The least correlated is Mutual of America Retirement Income Fund (MARMX) (Target Retirement Date) with a 1Y correlation of 0.77, roughly unchanged from 0.70 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Mutual of America Retirement Income Fund | 0.77 | 0.76 | 0.70 | 66 | Target Retirement Date | FCTKX vs MARMX | |
| Fidelity Select Semiconductors Portfolio | 0.79 | 0.76 | 0.78 | 80 | Semiconductors, Technology Equities | FCTKX vs FSELX | |
| Dimensional Retirement Income Fund | 0.79 | 0.78 | 0.75 | 81 | Target Retirement Date | FCTKX vs TDIFX | |
| BlackRock Retirement Income 2030 Fund | 0.80 | 0.77 | 0.81 | 56 | Target Retirement Date | FCTKX vs BRIAX | |
| Dimensional 2015 Target Date Retirement Income Fun... | 0.80 | 0.73 | 0.67 | 53 | Target Retirement Date | FCTKX vs DRIQX |
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