Looking to diversify beyond FEYIX? The mutual funds below have the lowest correlation with FEYIX — 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 FEYIX.
Best Diversifiers for FEYIX
2 mutual funds have low correlation with FEYIX (below 0.3), 1 of which are negatively correlated. The least correlated is SEI Institutional Managed Trust Multi-Asset Inflation Managed Fund (SIFAX) (Diversified Portfolio) with a 1Y correlation of -0.21, down from 0.12 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| SEI Institutional Managed Trust Multi-Asset Inflat... | -0.21 | -0.00 | 0.12 | 73 | Diversified Portfolio | FEYIX vs SIFAX | |
| MH Elite Small Cap Fund of Funds Fund | 0.04 | 0.18 | 0.52 | 64 | Diversified Portfolio | FEYIX vs MHELX | |
| BlackRock Global Long/Short Equity Fund Class I | 0.32 | 0.19 | 0.11 | 92 | Long-Short | FEYIX vs BDMIX | |
| Fidelity Advisor Strategic Real Return Fund Class ... | 0.35 | 0.57 | 0.63 | 95 | Diversified Portfolio | FEYIX vs FCSRX | |
| Fidelity Advisor Strategic Real Return Fund Class ... | 0.35 | 0.57 | 0.63 | 96 | Diversified Portfolio | FEYIX vs FSIRX |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements FEYIX
Add FEYIX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with FEYIX