Looking to diversify beyond FIGCX? The mutual funds below have the lowest correlation with FIGCX — 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 FIGCX.
Best Diversifiers for FIGCX
0 mutual funds have low correlation with FIGCX (below 0.3), 0 of which are negatively correlated. The least correlated is Federated Hermes International Strategic Value Dividend Fund (IVFIX) (Foreign Large Cap Equities) with a 1Y correlation of 0.40, down from 0.59 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Federated Hermes International Strategic Value Div... | 0.40 | 0.47 | 0.59 | 63 | Foreign Large Cap Equities | FIGCX vs IVFIX | |
| PIMCO RAE PLUS International Fund | 0.49 | 0.50 | 0.55 | 83 | Foreign Large Cap Equities | FIGCX vs PTSIX | |
| SA International Value Fund | 0.55 | 0.54 | 0.63 | 89 | Foreign Large Cap Equities | FIGCX vs SAHMX | |
| Thornburg Global Opportunities Fund | 0.58 | 0.69 | 0.75 | 86 | Foreign Large Cap Equities | FIGCX vs THOIX | |
| EuroPac International Dividend Income Fund | 0.58 | 0.55 | 0.61 | 76 | Foreign Large Cap Equities | FIGCX vs EPDIX |
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