Looking to diversify beyond FGRCX? The mutual funds below have the lowest correlation with FGRCX — 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 FGRCX.
Best Diversifiers for FGRCX
1 mutual funds have low correlation with FGRCX (below 0.3), 0 of which are negatively correlated. The least correlated is Goldman Sachs Strategic Volatility Premium Fund (SVPFX) (Large Cap Blend Equities) with a 1Y correlation of 0.23, up from 0.07 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Goldman Sachs Strategic Volatility Premium Fund | 0.23 | 0.09 | 0.07 | 73 | Large Cap Blend Equities | FGRCX vs SVPFX | |
| North Square Preferred and Income Securities Fund | 0.46 | 0.32 | 0.41 | 72 | Large Cap Blend Equities | FGRCX vs ORDNX | |
| Rock Oak Core Growth Fund | 0.58 | 0.69 | 0.78 | 56 | Large Cap Blend Equities | FGRCX vs RCKSX | |
| Glenmede Responsible ESG U.S. Equity Portfolio | 0.60 | 0.76 | 0.86 | 91 | Large Cap Blend Equities | FGRCX vs RESGX | |
| First Eagle Overseas Fund Class I | 0.61 | 0.61 | 0.69 | 57 | Large Cap Blend Equities, Foreign Large Cap Equities | FGRCX vs SGOIX |
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