Looking to diversify beyond FKUQX? The mutual funds below have historically moved differently from FKUQX, 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 FKUQX
1 mutual funds have low correlation with FKUQX (below 0.3), 0 of which are negatively correlated. The least correlated is Templeton Institutional Fund International Equity Series (TFEQX) (Foreign Large Cap Equities) with a 1Y correlation of 0.25, down from 0.37 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Templeton Institutional Fund International Equity ... | 0.25 | 0.33 | 0.37 | 63 | Foreign Large Cap Equities | FKUQX vs TFEQX | |
| Franklin Income Fund Class A1 | 0.34 | 0.47 | 0.51 | 87 | Diversified Portfolio | FKUQX vs FKINX | |
| Franklin Income Fund Advisor Class | 0.34 | 0.46 | 0.52 | 93 | Diversified Portfolio | FKUQX vs FRIAX | |
| Duff & Phelps Utility and Infrastructure Fund Inc | 0.63 | 0.67 | 0.66 | 84 | Infrastructure Equities, Utilities Equities | FKUQX vs DPG |
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