Looking to diversify beyond FKUTX? The mutual funds below have the lowest correlation with FKUTX — 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 FKUTX.
Best Diversifiers for FKUTX
42 mutual funds have low correlation with FKUTX (below 0.3), 0 of which are negatively correlated. The least correlated is Templeton Emerging Markets Fund (EMF) (Emerging Markets Equities) with a 1Y correlation of 0.05, down from 0.18 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Templeton Emerging Markets Fund | 0.05 | 0.19 | 0.18 | 95 | Emerging Markets Equities | FKUTX vs EMF | |
| Franklin Templeton SMACS: Series EM | 0.08 | 0.19 | — | 98 | Emerging Markets Diversified | FKUTX vs FQEMX | |
| Franklin Adjustable U.S. Government Securities Fun... | 0.08 | 0.15 | 0.13 | 93 | Ultrashort Bond | FKUTX vs FISAX | |
| Columbia Seligman Technology and Information Fund | 0.13 | 0.14 | 0.22 | 96 | Technology Equities | FKUTX vs SLMCX | |
| Franklin High Income Fund | 0.13 | 0.26 | 0.26 | 66 | High Yield Bonds | FKUTX vs FHRRX |
See all 54 diversifiers for FKUTX
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements FKUTX
Add FKUTX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with FKUTX