Looking to diversify beyond FIKGX? The mutual funds below have the lowest correlation with FIKGX — 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 FIKGX.
Best Diversifiers for FIKGX
0 mutual funds have low correlation with FIKGX (below 0.3), 0 of which are negatively correlated. The least correlated is ARK Venture Fund (ARKVX) (Technology Equities) with a 1Y correlation of 0.32, down from 0.50 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ARK Venture Fund | 0.32 | 0.50 | — | 99 | Technology Equities | FIKGX vs ARKVX | |
| Gabelli Global Content & Connectivity Fund Class I | 0.41 | 0.46 | 0.57 | 72 | Technology Equities | FIKGX vs GTTIX | |
| Fidelity Total International Index Fund | 0.67 | 0.62 | 0.65 | 62 | Foreign Large Cap Equities | FIKGX vs FTIHX | |
| Fidelity ZERO International Index Fund | 0.68 | 0.62 | 0.66 | 65 | Foreign Large Cap Equities | FIKGX vs FZILX | |
| Virtus Artificial Intelligence & Technology Opport... | 0.71 | 0.62 | 0.68 | 56 | Technology Equities | FIKGX vs AIO |
See all 59 diversifiers for FIKGX
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