Looking to diversify beyond FINVX? The mutual funds below have historically moved differently from FINVX, 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 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 0.51, down from 0.70 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Pear Tree Polaris Foreign Value Fund | 0.51 | 0.63 | 0.70 | 88 | Foreign Large Cap Equities | FINVX vs QFVOX | |
| Fidelity Select Semiconductors Portfolio | 0.51 | 0.50 | 0.56 | 80 | Semiconductors, Technology Equities | FINVX vs FSELX | |
| Federated Hermes International Strategic Value Div... | 0.55 | 0.61 | 0.73 | 88 | Foreign Large Cap Equities | FINVX vs IVFIX | |
| Fidelity Advisor Canada Fund Class C | 0.59 | 0.67 | 0.75 | 54 | Foreign Large Cap Equities | FINVX vs FCCNX | |
| Fidelity Advisor Canada Fund Class A | 0.60 | 0.68 | 0.75 | 59 | Foreign Large Cap Equities | FINVX vs FACNX |
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Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for FINVX, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is STAG Industrial, Inc. (STAG) (Real Estate) with a 1Y correlation of 0.33, down from 0.44 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| STAG Industrial, Inc. | 0.33 | 0.41 | 0.44 | 70 | Real Estate |
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