Looking to diversify beyond FIGTX? The mutual funds below have the lowest correlation with FIGTX — 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 FIGTX.
Best Diversifiers for FIGTX
4 mutual funds have low correlation with FIGTX (below 0.3), 0 of which are negatively correlated. The least correlated is DFA Short-Term Government Portfolio (DFFGX) (Government Bonds) with a 1Y correlation of 0.15, down from 0.37 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| DFA Short-Term Government Portfolio | 0.15 | 0.05 | 0.37 | 59 | Government Bonds | FIGTX vs DFFGX | |
| Federated Hermes Strategic Value Dividend Fund | 0.16 | 0.22 | 0.15 | 78 | Large Cap Value Equities | FIGTX vs SVAIX | |
| Integrity Short Term Government Fund | 0.24 | 0.60 | 0.70 | 89 | Government Bonds | FIGTX vs MDSIX | |
| GMO U.S. Treasury Fund | 0.27 | 0.16 | 0.12 | 99 | Government Bonds | FIGTX vs GUSTX | |
| Vanguard Short-Term Treasury Index Fund Admiral Sh... | 0.35 | 0.64 | 0.75 | 85 | Government Bonds | FIGTX vs VSBSX |
See all 14 diversifiers for FIGTX
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