Looking to diversify beyond FEKFX? The mutual funds below have the lowest correlation with FEKFX — 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 FEKFX.
Best Diversifiers for FEKFX
1 mutual funds have low correlation with FEKFX (below 0.3), 0 of which are negatively correlated. The least correlated is Federated Hermes Equity Income Fund (LEIFX) (Large Cap Value Equities) with a 1Y correlation of 0.21, down from 0.79 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Federated Hermes Equity Income Fund | 0.21 | 0.61 | 0.79 | 53 | Large Cap Value Equities | FEKFX vs LEIFX | |
| Voya Corporate Leaders Trust Fund | 0.38 | 0.61 | 0.72 | 53 | Large Cap Value Equities | FEKFX vs LEXCX | |
| Fidelity Select Semiconductors Portfolio | 0.41 | 0.45 | 0.54 | 97 | Semiconductors, Technology Equities | FEKFX vs FSELX | |
| Fidelity Blue Chip Growth Fund | 0.47 | 0.51 | 0.62 | 75 | Large Cap Growth Equities | FEKFX vs FBGRX | |
| Fidelity Blue Chip Growth K6 Fund | 0.48 | 0.52 | 0.62 | 71 | Large Cap Growth Equities | FEKFX vs FBCGX |
See all 39 diversifiers for FEKFX
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements FEKFX
Add FEKFX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with FEKFX