Looking to diversify beyond FIGRX? The mutual funds below have the lowest correlation with FIGRX — 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 FIGRX.
Best Diversifiers for FIGRX
1 mutual funds have low correlation with FIGRX (below 0.3), 0 of which are negatively correlated. The least correlated is Fidelity Short-Term Bond Fund (FSHBX) (Total Bond Market) with a 1Y correlation of 0.26, up from 0.13 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity Short-Term Bond Fund | 0.26 | 0.15 | 0.13 | 62 | Total Bond Market | FIGRX vs FSHBX | |
| PIMCO RAE PLUS International Fund | 0.56 | 0.58 | 0.62 | 83 | Foreign Large Cap Equities | FIGRX vs PTSIX | |
| Kopernik International Fund | 0.59 | 0.46 | 0.59 | 82 | Foreign Large Cap Equities | FIGRX vs KGIIX | |
| SA International Value Fund | 0.60 | 0.62 | 0.70 | 90 | Foreign Large Cap Equities | FIGRX vs SAHMX | |
| Strategic Advisers Fidelity Emerging Markets Fund | 0.61 | 0.67 | 0.72 | 95 | Emerging Markets Diversified | FIGRX vs FGOMX |
See all 42 diversifiers for FIGRX
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements FIGRX
Add FIGRX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with FIGRX