Looking to diversify beyond FILDX? The mutual funds below have the lowest correlation with FILDX — 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 FILDX.
Best Diversifiers for FILDX
4 mutual funds have low correlation with FILDX (below 0.3), 2 of which are negatively correlated. The least correlated is DFA Two-Year Fixed Income Portfolio (DFCFX) (Short-Term Bond) with a 1Y correlation of -0.03, down from 0.40 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| DFA Two-Year Fixed Income Portfolio | -0.03 | 0.06 | 0.40 | 66 | Short-Term Bond | FILDX vs DFCFX | |
| Leader Short Term High Yield Bond Fund | -0.02 | 0.08 | 0.16 | 75 | Short-Term Bond | FILDX vs LCCMX | |
| DFA Short-Duration Real Return Portfolio | 0.24 | 0.28 | 0.39 | 99 | Short-Term Bond | FILDX vs DFAIX | |
| GuidePath Absolute Return Allocation Fund | 0.28 | 0.60 | 0.63 | 72 | Short-Term Bond | FILDX vs GPARX | |
| GuidepathConservative Income Fund | 0.34 | 0.39 | 0.44 | 99 | Short-Term Bond | FILDX vs GPICX |
See all 16 diversifiers for FILDX
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