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
12 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 0.15, roughly unchanged from 0.08 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Delaware Tax-Free Colorado Fund | 0.15 | 0.13 | 0.08 | 86 | Municipal Bonds | FGINX vs VCTFX | |
| Delaware Tax-Free Pennsylvania Fund | 0.15 | 0.16 | 0.10 | 83 | Municipal Bonds | FGINX vs DELIX | |
| Delaware Tax-Free California Fund | 0.15 | 0.15 | 0.08 | 72 | Municipal Bonds | FGINX vs DVTAX | |
| Delaware Tax-Free New York Fund | 0.16 | 0.15 | 0.08 | 79 | Municipal Bonds | FGINX vs FTNYX | |
| Delaware National High-Yield Municipal Bond Fund | 0.17 | 0.15 | 0.08 | 58 | High Yield Muni | FGINX vs CXHYX |
See all 259 diversifiers for FGINX
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements FGINX
Add FGINX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with FGINX