Looking to diversify beyond FIDEX? The mutual funds below have the lowest correlation with FIDEX — 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 FIDEX.
Best Diversifiers for FIDEX
0 mutual funds have low correlation with FIDEX (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 0.31, up from 0.16 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Goldman Sachs Strategic Volatility Premium Fund | 0.31 | 0.16 | 0.16 | 70 | Large Cap Blend Equities | FIDEX vs SVPFX | |
| North Square Preferred and Income Securities Fund | 0.52 | 0.37 | 0.37 | 68 | Large Cap Blend Equities | FIDEX vs ORDNX | |
| Rock Oak Core Growth Fund | 0.61 | 0.71 | — | 63 | Large Cap Blend Equities | FIDEX vs RCKSX | |
| First Eagle Overseas Fund Class I | 0.64 | 0.61 | 0.67 | 51 | Large Cap Blend Equities, Foreign Large Cap Equities | FIDEX vs SGOIX | |
| Glenmede Responsible ESG U.S. Equity Portfolio | 0.66 | 0.81 | — | 89 | Large Cap Blend Equities | FIDEX vs RESGX |
See all 48 diversifiers for FIDEX
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