Looking to diversify beyond FFDKX? The mutual funds below have the lowest correlation with FFDKX — 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 FFDKX.
Best Diversifiers for FFDKX
0 mutual funds have low correlation with FFDKX (below 0.3), 0 of which are negatively correlated. The least correlated is Baron Partners Fund (BPTRX) (Large Cap Growth Equities) with a 1Y correlation of 0.55, down from 0.68 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Baron Partners Fund | 0.55 | 0.61 | 0.68 | 52 | Large Cap Growth Equities | FFDKX vs BPTRX | |
| Fidelity Select Semiconductors Portfolio | 0.62 | 0.75 | 0.79 | 94 | Semiconductors, Technology Equities | FFDKX vs FSELX | |
| ICON Equity Fund | 0.63 | 0.61 | 0.72 | 83 | Large Cap Growth Equities | FFDKX vs IOLZX | |
| One Rock Fund | 0.64 | 0.77 | 0.80 | 84 | Large Cap Growth Equities | FFDKX vs ONERX | |
| Vanguard Developed Markets Index Fund Admiral Shar... | 0.70 | 0.66 | 0.71 | 52 | Foreign Large Cap Equities | FFDKX vs VTMGX |
See all 32 diversifiers for FFDKX
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