Looking to diversify beyond FELCX? The mutual funds below have the lowest correlation with FELCX — 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 FELCX.
Best Diversifiers for FELCX
0 mutual funds have low correlation with FELCX (below 0.3), 0 of which are negatively correlated. The least correlated is ARK Venture Fund (ARKVX) (Technology Equities) with a 1Y correlation of 0.36, down from 0.51 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ARK Venture Fund | 0.36 | 0.51 | — | 98 | Technology Equities | FELCX vs ARKVX | |
| Gabelli Global Content & Connectivity Fund Class I | 0.39 | 0.46 | 0.57 | 82 | Technology Equities | FELCX vs GTTIX | |
| Fidelity Large Cap Value Index Fund | 0.52 | 0.48 | 0.57 | 81 | Large Cap Value Equities | FELCX vs FLCOX | |
| Fidelity Total International Index Fund | 0.66 | 0.61 | 0.65 | 59 | Foreign Large Cap Equities | FELCX vs FTIHX | |
| Fidelity ZERO International Index Fund | 0.66 | 0.62 | 0.65 | 61 | Large Cap Blend Equities, Foreign Large Cap Equities | FELCX vs FZILX |
See all 33 diversifiers for FELCX
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