Looking to diversify beyond FFFHX? The mutual funds below have the lowest correlation with FFFHX — 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 FFFHX.
Best Diversifiers for FFFHX
0 mutual funds have low correlation with FFFHX (below 0.3), 0 of which are negatively correlated. The least correlated is DFA U.S. Targeted Value Portfolio Institutional Class (DFFVX) (Small Cap Value Equities) with a 1Y correlation of 0.68, down from 0.80 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| DFA U.S. Targeted Value Portfolio Institutional Cl... | 0.68 | 0.75 | 0.80 | 57 | Small Cap Value Equities | FFFHX vs DFFVX | |
| Fidelity Select Semiconductors Portfolio | 0.75 | 0.75 | 0.78 | 92 | Semiconductors, Technology Equities | FFFHX vs FSELX | |
| Dimensional Retirement Income Fund | 0.78 | 0.79 | 0.75 | 83 | Target Retirement Date | FFFHX vs TDIFX | |
| Fidelity Advisor Managed Retirement 2010 Fund Clas... | 0.80 | 0.77 | 0.77 | 70 | Target Retirement Date | FFFHX vs FRQIX | |
| Fidelity Advisor Managed Retirement 2010 Fund Clas... | 0.80 | 0.77 | 0.77 | 67 | Target Retirement Date | FFFHX vs FRQAX |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from FFFHX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to FFFHX and solid risk/return profiles. The least correlated is The Coca-Cola Company (KO) (Consumer Defensive) with a 1Y correlation of -0.15, down from 0.20 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| The Coca-Cola Company | -0.15 | 0.03 | 0.20 | 82 | Consumer Defensive | |
| TKO Group Holdings Inc. | 0.24 | 0.31 | 0.31 | 53 | Communication Services | |
| Bank of America Corporation | 0.40 | 0.48 | 0.58 | 79 | Financial Services | |
| Sonos, Inc. | 0.44 | 0.48 | 0.55 | 66 | Technology | |
| Glencore PLC ADR | 0.50 | 0.50 | 0.52 | 89 | Basic Materials |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements FFFHX
Add FFFHX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with FFFHX