Looking to diversify beyond FIQSX? The mutual funds below have the lowest correlation with FIQSX — 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 FIQSX.
Best Diversifiers for FIQSX
7 mutual funds have low correlation with FIQSX (below 0.3), 0 of which are negatively correlated. The least correlated is Cliffwater Corporate Lending Fund (CCLFX) (High Yield Bonds) with a 1Y correlation of 0.11, roughly unchanged from 0.13 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Cliffwater Corporate Lending Fund | 0.11 | 0.05 | 0.13 | 100 | High Yield Bonds | FIQSX vs CCLFX | |
| Pioneer ILS Interval Fund | 0.13 | 0.11 | 0.10 | 100 | High Yield Bonds | FIQSX vs XILSX | |
| RiverPark Short Term High Yield Fund | 0.14 | 0.12 | 0.17 | 99 | High Yield Bonds | FIQSX vs RPHIX | |
| Changing Parameters Fund | 0.22 | 0.25 | 0.27 | 85 | High Yield Bonds | FIQSX vs CPMPX | |
| Fidelity Select Semiconductors Portfolio | 0.23 | 0.17 | 0.22 | 96 | Semiconductors, Technology Equities | FIQSX vs FSELX |
See all 36 diversifiers for FIQSX
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements FIQSX
Add FIQSX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with FIQSX