Looking to diversify beyond FEQHX? The mutual funds below have the lowest correlation with FEQHX — 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 FEQHX.
Best Diversifiers for FEQHX
0 mutual funds have low correlation with FEQHX (below 0.3), 0 of which are negatively correlated. The least correlated is Goldman Sachs Strategic Volatility Premium Fund (SVPFX) (Large Cap Blend Equities) with a 1Y correlation of 0.32, up from 0.16 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Goldman Sachs Strategic Volatility Premium Fund | 0.32 | 0.16 | — | 70 | Large Cap Blend Equities | FEQHX vs SVPFX | |
| Catalyst/Millburn Hedge Strategy Fund Class I | 0.36 | 0.35 | — | 92 | Hedge Fund | FEQHX vs MBXIX | |
| BlackRock Global Long/Short Equity Fund Class I | 0.37 | 0.23 | — | 96 | Long-Short | FEQHX vs BDMIX | |
| BlackRock Global Equity Market Neutral Fund | 0.37 | 0.23 | — | 96 | Equity Market Neutral | FEQHX vs BDMAX | |
| AQR Long-Short Equity Fund | 0.45 | 0.43 | — | 57 | Long-Short | FEQHX vs QLEIX |
See all 205 diversifiers for FEQHX
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