Looking to diversify beyond FIIIX? The mutual funds below have the lowest correlation with FIIIX — 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 FIIIX.
Best Diversifiers for FIIIX
0 mutual funds have low correlation with FIIIX (below 0.3), 0 of which are negatively correlated. The least correlated is PIMCO RAE PLUS International Fund (PTSIX) (Foreign Large Cap Equities) with a 1Y correlation of 0.49, roughly unchanged from 0.55 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| PIMCO RAE PLUS International Fund | 0.49 | 0.50 | 0.55 | 75 | Foreign Large Cap Equities | FIIIX vs PTSIX | |
| Kopernik International Fund | 0.51 | 0.40 | 0.53 | 54 | Foreign Large Cap Equities | FIIIX vs KGIIX | |
| SA International Value Fund | 0.53 | 0.54 | 0.63 | 88 | Foreign Large Cap Equities | FIIIX vs SAHMX | |
| BlackRock Strategic Income Opportunities Fund Clas... | 0.53 | 0.38 | 0.40 | 68 | Total Bond Market | FIIIX vs BSIIX | |
| EuroPac International Dividend Income Fund Class A | 0.55 | 0.55 | 0.61 | 74 | Foreign Large Cap Equities, Dividend | FIIIX vs EPDPX |
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