Looking to diversify beyond FDKFX? The mutual funds below have the lowest correlation with FDKFX — 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 FDKFX.
Best Diversifiers for FDKFX
0 mutual funds have low correlation with FDKFX (below 0.3), 0 of which are negatively correlated. The least correlated is PIMCO RAE PLUS International Fund (PTSIX) (Foreign Large Cap Equities) with a 1Y correlation of 0.53, roughly unchanged from 0.61 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| PIMCO RAE PLUS International Fund | 0.53 | 0.56 | 0.61 | 79 | Foreign Large Cap Equities | FDKFX vs PTSIX | |
| Royce Small-Cap Value Fund | 0.56 | 0.58 | 0.64 | 65 | Small Cap Value Equities | FDKFX vs RYVFX | |
| Kopernik International Fund | 0.57 | 0.46 | 0.58 | 53 | Foreign Large Cap Equities | FDKFX vs KGIIX | |
| SA International Value Fund | 0.59 | 0.62 | 0.70 | 88 | Foreign Large Cap Equities | FDKFX vs SAHMX | |
| EuroPac International Dividend Income Fund Class A | 0.61 | 0.61 | 0.67 | 74 | Foreign Large Cap Equities, Dividend | FDKFX vs EPDPX |
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