Looking to diversify beyond FFSIX? The mutual funds below have the lowest correlation with FFSIX — 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 FFSIX.
Best Diversifiers for FFSIX
3 mutual funds have low correlation with FFSIX (below 0.3), 0 of which are negatively correlated. The least correlated is AlphaSimplex Managed Futures Strategy Fund Class Y (ASFYX) (Systematic Trend) with a 1Y correlation of 0.22, up from 0.10 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| AlphaSimplex Managed Futures Strategy Fund Class Y | 0.22 | 0.16 | 0.10 | 60 | Systematic Trend | FFSIX vs ASFYX | |
| BlackRock Technology Opportunities Fund Investor A | 0.24 | 0.36 | 0.49 | 66 | Technology Equities | FFSIX vs BGSAX | |
| BlackRock Global Long/Short Equity Fund Class I | 0.24 | 0.12 | 0.07 | 95 | Long-Short | FFSIX vs BDMIX | |
| Shelton Capital Management Nasdaq-100 Index Fund D... | 0.38 | 0.44 | 0.54 | 70 | Large Cap Growth Equities | FFSIX vs NASDX | |
| Fidelity Asset Manager 40% Fund | 0.50 | 0.58 | 0.64 | 79 | Diversified Portfolio | FFSIX vs FFANX |
See all 13 diversifiers for FFSIX
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