Looking to diversify beyond FIIVX? The mutual funds below have the lowest correlation with FIIVX — 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 FIIVX.
Best Diversifiers for FIIVX
1 mutual funds have low correlation with FIIVX (below 0.3), 0 of which are negatively correlated. The least correlated is BlackRock Global Equity Market Neutral Fund Class I (BDMIX) (Equity Market Neutral) with a 1Y correlation of 0.28, up from 0.09 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| BlackRock Global Equity Market Neutral Fund Class ... | 0.28 | 0.14 | 0.09 | 97 | Equity Market Neutral | FIIVX vs BDMIX | |
| AlphaSimplex Managed Futures Strategy Fund Class Y | 0.44 | 0.23 | -0.02 | 64 | Systematic Trend | FIIVX vs ASFYX | |
| BlackRock Enhanced Large Cap Core Fund | 0.48 | 0.55 | 0.64 | 81 | Derivative Income | FIIVX vs CII | |
| Voya Target Retirement 2040 Fund | 0.77 | 0.83 | 0.85 | 68 | Target Retirement Date | FIIVX vs IRSOX | |
| Dimensional 2060 Target Date Retirement Income Fun... | 0.78 | 0.80 | 0.83 | 69 | Target Retirement Date | FIIVX vs DRILX |
See all 52 diversifiers for FIIVX
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