Looking to diversify beyond FGDDX? The mutual funds below have the lowest correlation with FGDDX — 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 FGDDX.
Best Diversifiers for FGDDX
0 mutual funds have low correlation with FGDDX (below 0.3), 0 of which are negatively correlated. The least correlated is Rock Oak Core Growth Fund (RCKSX) (Large Cap Blend Equities) with a 1Y correlation of 0.48, roughly unchanged from 0.48 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Rock Oak Core Growth Fund | 0.48 | 0.48 | 0.48 | 80 | Large Cap Blend Equities | FGDDX vs RCKSX | |
| Goldman Sachs Strategic Volatility Premium Fund | 0.63 | 0.63 | 0.63 | 95 | Large Cap Blend Equities | FGDDX vs SVPFX | |
| Glenmede Responsible ESG U.S. Equity Portfolio | 0.65 | 0.65 | 0.65 | 88 | Large Cap Blend Equities | FGDDX vs RESGX | |
| Fuller & Thaler Behavioral Unconstrained Equity Fu... | 0.74 | 0.74 | 0.74 | 87 | Large Cap Blend Equities | FGDDX vs FTZIX | |
| AAMA Equity Fund | 0.81 | 0.81 | 0.81 | 88 | Large Cap Blend Equities | FGDDX vs AMFEX |
See all 18 diversifiers for FGDDX
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements FGDDX
Add FGDDX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with FGDDX