Looking to diversify beyond FDTOX? The mutual funds below have the lowest correlation with FDTOX — 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 FDTOX.
Best Diversifiers for FDTOX
0 mutual funds have low correlation with FDTOX (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 | FDTOX vs EFCNX | |
| ICON Equity Fund | 0.73 | 0.70 | 0.80 | 70 | Large Cap Growth Equities | FDTOX vs IOLZX | |
| Vanguard Developed Markets Index Fund Admiral Shar... | 0.74 | 0.72 | 0.77 | 55 | Large Cap Growth Equities, Foreign Large Cap Equities | FDTOX vs VTMGX | |
| Adams Diversified Equity Fund, Inc. | 0.74 | 0.81 | 0.88 | 77 | Large Cap Growth Equities | FDTOX vs ADX | |
| Fidelity Total International Index Fund | 0.79 | 0.72 | 0.76 | 59 | Foreign Large Cap Equities | FDTOX vs FTIHX |
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