Looking to diversify beyond FELTX? The mutual funds below have the lowest correlation with FELTX — 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 FELTX.
Best Diversifiers for FELTX
0 mutual funds have low correlation with FELTX (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 | FELTX vs ARKVX | |
| Gabelli Global Content & Connectivity Fund Class I | 0.39 | 0.46 | 0.57 | 82 | Technology Equities | FELTX vs GTTIX | |
| Fidelity Total International Index Fund | 0.66 | 0.61 | 0.65 | 59 | Foreign Large Cap Equities | FELTX vs FTIHX | |
| Fidelity ZERO International Index Fund | 0.66 | 0.62 | 0.65 | 61 | Large Cap Blend Equities, Foreign Large Cap Equities | FELTX vs FZILX | |
| ICON Health and Information Technology Fund | 0.74 | 0.70 | 0.74 | 85 | Technology Equities | FELTX vs ICTEX |
See all 59 diversifiers for FELTX
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