Looking to diversify beyond FDESX? The mutual funds below have the lowest correlation with FDESX — 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 FDESX.
Best Diversifiers for FDESX
0 mutual funds have low correlation with FDESX (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 0.34, down from 0.85 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Emerald Insights Fund | 0.34 | 0.78 | 0.85 | 98 | Large Cap Growth Equities | FDESX vs EFCNX | |
| ICON Equity Fund | 0.73 | 0.70 | 0.79 | 70 | Large Cap Growth Equities | FDESX vs IOLZX | |
| Adams Diversified Equity Fund, Inc. | 0.74 | 0.81 | 0.88 | 77 | Large Cap Growth Equities | FDESX vs ADX | |
| Vanguard Developed Markets Index Fund Admiral Shar... | 0.74 | 0.72 | 0.77 | 55 | Large Cap Growth Equities, Foreign Large Cap Equities | FDESX vs VTMGX | |
| Fidelity Total International Index Fund | 0.79 | 0.72 | 0.76 | 59 | Foreign Large Cap Equities | FDESX vs FTIHX |
See all 35 diversifiers for FDESX
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