Looking to diversify beyond FDUAX? The mutual funds below have historically moved differently from FDUAX, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for FDUAX
1 mutual funds have low correlation with FDUAX (below 0.3), 0 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| First Eagle Small Cap Opportunity Fund | 0.26 | — | — | 86 | Small Cap Value Equities | FDUAX vs FESCX | |
| First Eagle U.S. Value Fund | 0.33 | — | — | 65 | Diversified Portfolio | FDUAX vs FEVIX | |
| First Eagle Fund of America | 0.33 | — | — | 66 | Large Cap Blend Equities | FDUAX vs FEAMX | |
| First Eagle Overseas Fund Class I | 0.36 | — | — | 80 | Foreign Large Cap Equities | FDUAX vs SGOIX | |
| First Eagle Global Income Builder Fund | 0.36 | — | — | 84 | Global Allocation | FDUAX vs FEBIX |
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