Looking to diversify beyond FDEKX? The mutual funds below have the lowest correlation with FDEKX — 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 FDEKX.
Best Diversifiers for FDEKX
0 mutual funds have low correlation with FDEKX (below 0.3), 0 of which are negatively correlated. The least correlated is Emerald Insights Fund (EFCNX) (Large Cap Growth Equities) with a 1Y correlation of 0.38, down from 0.85 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Emerald Insights Fund | 0.38 | 0.79 | 0.85 | 99 | Large Cap Growth Equities | FDEKX vs EFCNX | |
| ICON Equity Fund | 0.70 | 0.65 | 0.75 | 76 | Large Cap Growth Equities | FDEKX vs IOLZX | |
| Fidelity Total International Index Fund | 0.75 | 0.68 | 0.71 | 58 | Foreign Large Cap Equities | FDEKX vs FTIHX | |
| Fidelity ZERO International Index Fund | 0.75 | 0.68 | 0.72 | 60 | Foreign Large Cap Equities | FDEKX vs FZILX | |
| PrimeCap Odyssey Growth Fund | 0.80 | 0.83 | 0.87 | 93 | Large Cap Growth Equities | FDEKX vs POGRX |
See all 20 diversifiers for FDEKX
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements FDEKX
Add FDEKX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with FDEKX