Looking to diversify beyond FEHAX? The mutual funds below have historically moved differently from FEHAX, 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 FEHAX
2 mutual funds have low correlation with FEHAX (below 0.3), 0 of which are negatively correlated. The least correlated is First Eagle Small Cap Opportunity Fund (FESCX) (Small Cap Value Equities) with a 1Y correlation of 0.25, roughly unchanged from 0.31 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| First Eagle Small Cap Opportunity Fund | 0.25 | 0.17 | 0.31 | 86 | Small Cap Value Equities | FEHAX vs FESCX | |
| First Eagle U.S. Value Fund | 0.30 | 0.20 | 0.32 | 65 | Diversified Portfolio | FEHAX vs FEVIX | |
| First Eagle Fund of America | 0.32 | 0.22 | 0.33 | 66 | Large Cap Blend Equities | FEHAX vs FEAMX | |
| First Eagle Overseas Fund | 0.34 | 0.24 | 0.36 | 79 | Foreign Large Cap Equities | FEHAX vs SGOVX | |
| First Eagle Overseas Fund Class I | 0.35 | 0.25 | 0.36 | 80 | Foreign Large Cap Equities | FEHAX vs SGOIX |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements FEHAX
Add FEHAX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with FEHAX