Looking to diversify beyond FDTEX? The mutual funds below have the lowest correlation with FDTEX — 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 FDTEX.
Best Diversifiers for FDTEX
0 mutual funds have low correlation with FDTEX (below 0.3), 0 of which are negatively correlated. The least correlated is Baron Partners Fund (BPTRX) (Large Cap Growth Equities) with a 1Y correlation of 0.50, down from 0.67 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Baron Partners Fund | 0.50 | 0.60 | 0.67 | 72 | Large Cap Growth Equities | FDTEX vs BPTRX | |
| ICON Equity Fund | 0.74 | 0.71 | 0.80 | 84 | Large Cap Growth Equities | FDTEX vs IOLZX | |
| Adams Diversified Equity Fund, Inc. | 0.75 | 0.81 | 0.88 | 67 | Large Cap Blend Equities | FDTEX vs ADX | |
| Vanguard Developed Markets Index Fund Admiral Shar... | 0.76 | 0.72 | 0.77 | 61 | Foreign Large Cap Equities | FDTEX vs VTMGX | |
| Nuveen Nasdaq 100 Dynamic Overwrite Fund | 0.81 | 0.80 | 0.79 | 62 | Derivative Income, Options Trading, Nasdaq-100, Large Cap Growth Equities, Actively Managed | FDTEX vs QQQX |
See all 34 diversifiers for FDTEX
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