Looking to diversify beyond FEUGX? The mutual funds below have the lowest correlation with FEUGX — 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 FEUGX.
Best Diversifiers for FEUGX
11 mutual funds have low correlation with FEUGX (below 0.3), 0 of which are negatively correlated. The least correlated is Federated Hermes Strategic Value Dividend Fund (SVAIX) (Large Cap Value Equities) with a 1Y correlation of 0.09, roughly unchanged from 0.11 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Federated Hermes Strategic Value Dividend Fund | 0.09 | 0.18 | 0.11 | 84 | Large Cap Value Equities | FEUGX vs SVAIX | |
| DFA Short-Term Government Portfolio | 0.09 | 0.02 | 0.16 | 99 | Government Bonds | FEUGX vs DFFGX | |
| Integrity Short Term Government Fund | 0.12 | 0.42 | 0.43 | 90 | Government Bonds | FEUGX vs MDSIX | |
| Vanguard Emerging Markets Government Bond Index Fu... | 0.17 | 0.39 | 0.38 | 70 | Government Bonds | FEUGX vs VGAVX | |
| Vanguard Emerging Markets Government Bond Index Fu... | 0.18 | 0.39 | 0.38 | 71 | Government Bonds | FEUGX vs VGIVX |
See all 20 diversifiers for FEUGX
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