Looking to diversify beyond FIUSX? The mutual funds below have the lowest correlation with FIUSX — 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 FIUSX.
Best Diversifiers for FIUSX
6 mutual funds have low correlation with FIUSX (below 0.3), 0 of which are negatively correlated. The least correlated is Delaware Tax-Free New York Fund (FTNYX) (Municipal Bonds) with a 1Y correlation of 0.14, roughly unchanged from 0.09 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Delaware Tax-Free New York Fund | 0.14 | 0.13 | 0.09 | 52 | Municipal Bonds | FIUSX vs FTNYX | |
| Delaware Tax-Free Colorado Fund | 0.14 | 0.14 | 0.10 | 71 | Municipal Bonds | FIUSX vs VCTFX | |
| Delaware Tax-Free Pennsylvania Fund | 0.15 | 0.16 | 0.11 | 62 | Municipal Bonds | FIUSX vs DELIX | |
| Delaware Tax-Free Idaho Fund | 0.15 | 0.15 | 0.10 | 72 | Municipal Bonds | FIUSX vs VIDAX | |
| Delaware Limited-Term Diversified Income Fund | 0.25 | 0.14 | 0.12 | 72 | Short-Term Bond | FIUSX vs DTRIX |
See all 61 diversifiers for FIUSX
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