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
0 mutual funds have low correlation with FICGX (below 0.3), 0 of which are negatively correlated. The least correlated is Delaware Emerging Markets Fund (DEMIX) (Emerging Markets Diversified) with a 1Y correlation of 0.41, down from 0.52 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Delaware Emerging Markets Fund | 0.41 | 0.48 | 0.52 | 98 | Emerging Markets Diversified | FICGX vs DEMIX | |
| Baron Partners Fund | 0.51 | 0.60 | 0.67 | 52 | Large Cap Growth Equities | FICGX vs BPTRX | |
| Delaware Small Cap Value Fund | 0.66 | 0.67 | 0.74 | 62 | Small Cap Value Equities | FICGX vs DEVLX | |
| Adams Diversified Equity Fund, Inc. | 0.69 | 0.78 | 0.86 | 61 | Large Cap Blend Equities | FICGX vs ADX | |
| Delaware Opportunity Fund | 0.69 | 0.74 | 0.79 | 87 | Mid Cap Value Equities | FICGX vs FIUSX |
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