Looking to diversify beyond FINVX? The mutual funds below have the lowest correlation with FINVX — 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 FINVX.
Best Diversifiers for FINVX
0 mutual funds have low correlation with FINVX (below 0.3), 0 of which are negatively correlated. The least correlated is Pear Tree Polaris Foreign Value Fund (QFVOX) (Foreign Large Cap Equities) with a 1Y correlation of 0.50, down from 0.70 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Pear Tree Polaris Foreign Value Fund | 0.50 | 0.62 | 0.70 | 78 | Foreign Large Cap Equities | FINVX vs QFVOX | |
| Fidelity Select Semiconductors Portfolio | 0.50 | 0.50 | 0.56 | 96 | Semiconductors, Technology Equities | FINVX vs FSELX | |
| Fidelity Blue Chip Growth Fund | 0.59 | 0.57 | 0.62 | 73 | Large Cap Growth Equities | FINVX vs FBGRX | |
| Kopernik International Fund | 0.59 | 0.51 | 0.62 | 54 | Foreign Large Cap Equities | FINVX vs KGIIX | |
| Thornburg Global Opportunities Fund | 0.63 | 0.72 | 0.80 | 91 | Foreign Large Cap Equities | FINVX vs THOIX |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from FINVX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to FINVX and solid risk/return profiles. The least correlated is STAG Industrial, Inc. (STAG) (Real Estate) with a 1Y correlation of 0.38, roughly unchanged from 0.44 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| STAG Industrial, Inc. | 0.38 | 0.42 | 0.44 | 58 | Real Estate |
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