Looking to diversify beyond FGINX? The mutual funds below have the lowest correlation with FGINX — 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 FGINX.
Best Diversifiers for FGINX
8 mutual funds have low correlation with FGINX (below 0.3), 0 of which are negatively correlated. The least correlated is Delaware Tax-Free Colorado Fund (VCTFX) (Municipal Bonds) with a 1Y correlation of 0.14, roughly unchanged from 0.07 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Delaware Tax-Free Colorado Fund | 0.14 | 0.12 | 0.07 | 63 | Municipal Bonds | FGINX vs VCTFX | |
| Federated Hermes Equity Income Fund | 0.16 | 0.58 | 0.75 | 53 | Large Cap Value Equities | FGINX vs LEIFX | |
| Delaware Tax-Free Oregon Fund | 0.16 | 0.14 | 0.08 | 52 | Municipal Bonds | FGINX vs FTORX | |
| Delaware Tax-Free Pennsylvania Fund | 0.16 | 0.16 | 0.10 | 55 | Municipal Bonds | FGINX vs DELIX | |
| Delaware Tax-Free Idaho Fund | 0.18 | 0.14 | 0.08 | 63 | Municipal Bonds | FGINX vs VIDAX |
See all 220 diversifiers for FGINX
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