Looking to diversify beyond FICGX? The mutual funds below have the lowest correlation with FICGX — 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 FICGX.
Best Diversifiers for FICGX
2 mutual funds have low correlation with FICGX (below 0.3), 0 of which are negatively correlated. The least correlated is Delaware National High-Yield Municipal Bond Fund (CXHYX) (High Yield Muni) with a 1Y correlation of 0.21, up from 0.11 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Delaware National High-Yield Municipal Bond Fund | 0.21 | 0.14 | 0.11 | 58 | High Yield Muni | FICGX vs CXHYX | |
| Delaware Tax Free USA Fund | 0.23 | 0.15 | 0.12 | 69 | Municipal Bonds | FICGX vs DMTFX | |
| Delaware Emerging Markets Fund | 0.45 | 0.49 | 0.53 | 94 | Emerging Markets Diversified | FICGX vs DEMIX | |
| Baron Partners Fund | 0.50 | 0.60 | 0.67 | 59 | Large Cap Growth Equities | FICGX vs BPTRX | |
| Adams Diversified Equity Fund, Inc. | 0.66 | 0.77 | 0.85 | 83 | Large Cap Blend Equities | FICGX vs ADX |
See all 35 diversifiers for FICGX
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