Looking to diversify beyond FGEAX? The mutual funds below have the lowest correlation with FGEAX — 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 FGEAX.
Best Diversifiers for FGEAX
0 mutual funds have low correlation with FGEAX (below 0.3), 0 of which are negatively correlated. The least correlated is Russell Investment Tax-Managed Real Assets Fund (RTXAX) (Global Equities) with a 1Y correlation of 0.43, down from 0.64 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Russell Investment Tax-Managed Real Assets Fund | 0.43 | 0.52 | 0.64 | 81 | Global Equities | FGEAX vs RTXAX | |
| Wasatch Global Value Fund Investor Class Shares | 0.49 | 0.45 | 0.59 | 89 | Global Equities | FGEAX vs FMIEX | |
| T. Rowe Price Real Assets Fund | 0.50 | 0.56 | 0.67 | 57 | Global Equities | FGEAX vs PRAFX | |
| Polaris Global Value Fund | 0.51 | 0.59 | 0.69 | 90 | Global Equities | FGEAX vs PGVFX | |
| LSV Global Managed Volatility Fund | 0.52 | 0.55 | 0.65 | 89 | Global Equities | FGEAX vs LVAFX |
See all 27 diversifiers for FGEAX
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