Looking to diversify beyond FDVIX? The mutual funds below have the lowest correlation with FDVIX — 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 FDVIX.
Best Diversifiers for FDVIX
0 mutual funds have low correlation with FDVIX (below 0.3), 0 of which are negatively correlated. The least correlated is Kopernik International Fund (KGIIX) (Foreign Large Cap Equities) with a 1Y correlation of 0.58, roughly unchanged from 0.58 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Kopernik International Fund | 0.58 | 0.46 | 0.58 | 81 | Foreign Large Cap Equities | FDVIX vs KGIIX | |
| PIMCO RAE PLUS International Fund | 0.59 | 0.59 | 0.62 | 81 | Foreign Large Cap Equities | FDVIX vs PTSIX | |
| SA International Value Fund | 0.62 | 0.63 | 0.70 | 87 | Foreign Large Cap Equities | FDVIX vs SAHMX | |
| EuroPac International Dividend Income Fund Class A | 0.62 | 0.63 | 0.67 | 87 | Foreign Large Cap Equities, Dividend | FDVIX vs EPDPX | |
| EuroPac International Dividend Income Fund | 0.62 | 0.63 | 0.67 | 87 | Foreign Large Cap Equities | FDVIX vs EPDIX |
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