Looking to diversify beyond FGROX? The mutual funds below have the lowest correlation with FGROX — 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 FGROX.
Best Diversifiers for FGROX
0 mutual funds have low correlation with FGROX (below 0.3), 0 of which are negatively correlated. The least correlated is Federated Hermes MDT Small Cap Growth Fund (QISGX) (Small Cap Growth Equities) with a 1Y correlation of 0.34, down from 0.78 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Federated Hermes MDT Small Cap Growth Fund | 0.34 | 0.62 | 0.78 | 72 | Small Cap Growth Equities | FGROX vs QISGX | |
| Vanguard Small-Cap Value Index Fund Institutional ... | 0.74 | 0.79 | 0.83 | 53 | Small Cap Value Equities | FGROX vs VSIIX | |
| Mutual of America Small Cap Growth Fund | 0.80 | 0.85 | 0.82 | 72 | Small Cap Growth Equities | FGROX vs MAGKX | |
| Wasatch Micro Cap Value Fund | 0.81 | 0.85 | 0.88 | 52 | Small Cap Growth Equities | FGROX vs WAMVX | |
| Loomis Sayles Small Cap Growth Fund | 0.82 | 0.87 | 0.91 | 61 | Small Cap Growth Equities | FGROX vs LSSIX |
See all 50 diversifiers for FGROX
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Diversification Analysis
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