Looking to diversify beyond FEGIX? The mutual funds below have the lowest correlation with FEGIX — 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 FEGIX.
Best Diversifiers for FEGIX
1 mutual funds have low correlation with FEGIX (below 0.3), 0 of which are negatively correlated. The least correlated is Janus Henderson Global Technology and Innovation Fund Class D (JNGTX) (Technology Equities) with a 1Y correlation of 0.30, roughly unchanged from 0.23 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Janus Henderson Global Technology and Innovation F... | 0.30 | 0.23 | 0.23 | 72 | Technology Equities | FEGIX vs JNGTX | |
| Fidelity Blue Chip Growth Fund | 0.31 | 0.24 | 0.23 | 73 | Large Cap Growth Equities | FEGIX vs FBGRX | |
| Fidelity OTC Portfolio | 0.32 | 0.24 | 0.23 | 92 | Large Cap Growth Equities | FEGIX vs FOCPX | |
| First Eagle Fund of America | 0.35 | 0.31 | 0.28 | 52 | Large Cap Blend Equities | FEGIX vs FEAMX | |
| First Eagle Small Cap Opportunity Fund | 0.39 | 0.34 | — | 88 | Small Cap Value Equities | FEGIX vs FESCX |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements FEGIX
Add FEGIX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with FEGIX