Looking to diversify beyond FLCGX? The mutual funds below have the lowest correlation with FLCGX — 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 FLCGX.
Best Diversifiers for FLCGX
0 mutual funds have low correlation with FLCGX (below 0.3), 0 of which are negatively correlated. The least correlated is Ariel Focus Fund (ARFFX) (Mid Cap Value Equities) with a 1Y correlation of 0.57, down from 0.83 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Ariel Focus Fund | 0.57 | 0.71 | 0.83 | 76 | Mid Cap Value Equities | FLCGX vs ARFFX | |
| Vanguard Mid-Cap Value Index Fund | 0.61 | 0.73 | 0.85 | 63 | Mid Cap Value Equities | FLCGX vs VMVIX | |
| Vanguard Mid-Cap Value Index Fund Admiral Shares | 0.61 | 0.73 | 0.85 | 64 | Mid Cap Value Equities | FLCGX vs VMVAX | |
| Touchstone Mid Cap Value Fund | 0.63 | 0.73 | 0.84 | 57 | Mid Cap Value Equities | FLCGX vs TCVIX | |
| Harbor Mid Cap Value Fund | 0.65 | 0.75 | 0.85 | 88 | Mid Cap Value Equities | FLCGX vs HAMVX |
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