Looking to diversify beyond FFCMX? The mutual funds below have the lowest correlation with FFCMX — 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 FFCMX.
Best Diversifiers for FFCMX
1 mutual funds have low correlation with FFCMX (below 0.3), 0 of which are negatively correlated. The least correlated is MH Elite Small Cap Fund of Funds Fund (MHELX) (Diversified Portfolio) with a 1Y correlation of 0.01, down from 0.47 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| MH Elite Small Cap Fund of Funds Fund | 0.01 | 0.14 | 0.47 | 67 | Diversified Portfolio | FFCMX vs MHELX | |
| BlackRock Global Equity Market Neutral Fund Class ... | 0.34 | 0.19 | 0.11 | 96 | Equity Market Neutral | FFCMX vs BDMIX | |
| Fidelity Advisor Strategic Real Return Fund Class ... | 0.41 | 0.60 | 0.64 | 86 | Diversified Portfolio | FFCMX vs FCSRX | |
| Fidelity Advisor Strategic Real Return Fund Class ... | 0.41 | 0.60 | 0.64 | 91 | Diversified Portfolio | FFCMX vs FIQDX | |
| Fidelity Advisor Strategic Real Return Fund Class ... | 0.41 | 0.60 | 0.64 | 90 | Diversified Portfolio | FFCMX vs FSIRX |
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