Looking to diversify beyond FIQBX? The mutual funds below have the lowest correlation with FIQBX — 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 FIQBX.
Best Diversifiers for FIQBX
1 mutual funds have low correlation with FIQBX (below 0.3), 0 of which are negatively correlated. The least correlated is MH Elite Small Cap Fund of Funds Fund (MHELX) (Diversified Portfolio) with a 1Y correlation of 0.06, down from 0.52 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| MH Elite Small Cap Fund of Funds Fund | 0.06 | 0.19 | 0.52 | 64 | Diversified Portfolio | FIQBX vs MHELX | |
| BlackRock Global Long/Short Equity Fund Class I | 0.31 | 0.18 | 0.11 | 92 | Long-Short | FIQBX vs BDMIX | |
| Fidelity Advisor Strategic Real Return Fund Class ... | 0.35 | 0.58 | 0.64 | 96 | Diversified Portfolio | FIQBX vs FSIRX | |
| Fidelity Advisor Strategic Real Return Fund Class ... | 0.35 | 0.58 | 0.64 | 95 | Diversified Portfolio | FIQBX vs FCSRX | |
| Fidelity Advisor Strategic Real Return Fund Class ... | 0.36 | 0.58 | 0.64 | 96 | Diversified Portfolio | FIQBX vs FIQDX |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements FIQBX
Add FIQBX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with FIQBX