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Looking to diversify beyond FIJWX? The mutual funds below have historically moved differently from FIJWX, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.

Best Diversifiers for FIJWX

4 mutual funds have low correlation with FIJWX (below 0.3), 1 of which are negatively correlated. The least correlated is Fairholme Focused Income Fund (FOCIX) (High Yield Bonds) with a 1Y correlation of -0.08, down from 0.29 over 5 years.

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