Looking to diversify beyond FFTFX? The mutual funds below have the lowest correlation with FFTFX — 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 FFTFX.
Best Diversifiers for FFTFX
13 mutual funds have low correlation with FFTFX (below 0.3), 0 of which are negatively correlated. The least correlated is DFA NY Municipal Bond Portfolio (DNYMX) (Municipal Bonds) with a 1Y correlation of 0.20, down from 0.43 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| DFA NY Municipal Bond Portfolio | 0.20 | 0.32 | 0.43 | 99 | Municipal Bonds | FFTFX vs DNYMX | |
| DFA Short-Term Selective State Municipal Bond Port... | 0.20 | 0.28 | — | 100 | Municipal Bonds | FFTFX vs DFABX | |
| DFA Short Term Municipal Bond Portfolio | 0.23 | 0.27 | 0.39 | 99 | Municipal Bonds | FFTFX vs DFSMX | |
| JPMorgan Ultra-Short Municipal Fund | 0.23 | 0.33 | 0.41 | 99 | Municipal Bonds | FFTFX vs USMSX | |
| Franklin Income Fund Advisor Class | 0.25 | 0.31 | 0.24 | 89 | Diversified Portfolio | FFTFX vs FRIAX |
See all 22 diversifiers for FFTFX
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