Looking to diversify beyond FDUAX? The mutual funds below have the lowest correlation with FDUAX — 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 FDUAX.
Best Diversifiers for FDUAX
1 mutual funds have low correlation with FDUAX (below 0.3), 0 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| First Eagle Small Cap Opportunity Fund | 0.24 | — | — | 88 | Small Cap Value Equities | FDUAX vs FESCX | |
| First Eagle Fund of America | 0.31 | — | — | 52 | Large Cap Blend Equities | FDUAX vs FEAMX | |
| First Eagle Global Income Builder Fund | 0.36 | — | — | 60 | Global Allocation | FDUAX vs FEBIX | |
| Counterpoint Tactical Municipal Fund | 0.45 | — | — | 70 | High Yield Muni | FDUAX vs TMNIX | |
| Federated Hermes Municipal High Yield Advtg Fd | 0.46 | — | — | 91 | High Yield Muni | FDUAX vs FHTFX |
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