Looking to diversify beyond FGUSX? The mutual funds below have the lowest correlation with FGUSX — 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 FGUSX.
Best Diversifiers for FGUSX
17 mutual funds have low correlation with FGUSX (below 0.3), 4 of which are negatively correlated. The least correlated is SEI Institutional Investments Trust Opportunistic Income Fund (ENIAX) (Ultrashort Bond) with a 1Y correlation of -0.14, down from 0.06 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| SEI Institutional Investments Trust Opportunistic ... | -0.14 | 0.06 | — | 99 | Ultrashort Bond | FGUSX vs ENIAX | |
| Tactical Multi-Purpose Fund | -0.08 | -0.02 | — | 100 | Ultrashort Bond | FGUSX vs TMPFX | |
| CrossingBridge Ultra-Short Duration Fund | -0.08 | 0.03 | — | 99 | Ultrashort Bond | FGUSX vs CBUDX | |
| DFA Two-Year Government Portfolio | -0.00 | -0.02 | — | 55 | Ultrashort Bond | FGUSX vs DFYGX | |
| Six Circles Tax Aware Ultra Short Duration Fund | 0.02 | 0.04 | — | 98 | Ultrashort Bond | FGUSX vs CUTAX |
See all 27 diversifiers for FGUSX
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