Looking to diversify beyond FKEMX? The mutual funds below have the lowest correlation with FKEMX — 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 FKEMX.
Best Diversifiers for FKEMX
0 mutual funds have low correlation with FKEMX (below 0.3), 0 of which are negatively correlated. The least correlated is JPMorgan Equity Income Fund R6 (OIEJX) (Large Cap Value Equities) with a 1Y correlation of 0.43, roughly unchanged from 0.49 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| JPMorgan Equity Income Fund R6 | 0.43 | 0.43 | 0.49 | 77 | Large Cap Value Equities, Dividend | FKEMX vs OIEJX | |
| Pzena Emerging Markets Value Fund Institutional Cl... | 0.45 | 0.56 | 0.59 | 55 | Emerging Markets Equities | FKEMX vs PZIEX | |
| Fidelity Mid Cap Value Index Fund | 0.54 | 0.56 | 0.60 | 70 | Mid Cap Value Equities | FKEMX vs FIMVX | |
| Fidelity Mid-Cap Stock Fund | 0.59 | 0.60 | 0.62 | 71 | Mid Cap Blend Equities | FKEMX vs FMCSX | |
| Fidelity Small Cap Index Fund | 0.64 | 0.61 | 0.65 | 69 | Small Cap Blend Equities | FKEMX vs FSSNX |
See all 43 diversifiers for FKEMX
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