Looking to diversify beyond FIQGX? The mutual funds below have historically moved differently from FIQGX, 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 FIQGX
1 mutual funds have low correlation with FIQGX (below 0.3), 1 of which are negatively correlated. The least correlated is PIMCO CommoditiesPLUS Strategy Fund (PCLIX) (Commodities) with a 1Y correlation of -0.06, down from 0.22 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| PIMCO CommoditiesPLUS Strategy Fund | -0.06 | 0.14 | 0.22 | 70 | Commodities | FIQGX vs PCLIX | |
| Goldman Sachs GQG Partners International Opportuni... | 0.30 | 0.51 | 0.63 | 51 | Foreign Large Cap Equities, Emerging Markets Equities | FIQGX vs GSIYX | |
| The Cook & Bynum Fund | 0.32 | 0.41 | 0.50 | 70 | Emerging Markets Equities | FIQGX vs COBYX | |
| JPMorgan Equity Income Fund R6 | 0.45 | 0.44 | 0.51 | 91 | Large Cap Value Equities, Dividend | FIQGX vs OIEJX | |
| Ashmore Emerging Markets Small Cap Equity Fund | 0.45 | 0.66 | 0.72 | 91 | Emerging Markets Equities | FIQGX vs ESCIX |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements FIQGX
Add FIQGX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with FIQGX