Looking to diversify beyond FLDFX? The mutual funds below have the lowest correlation with FLDFX — 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 FLDFX.
Best Diversifiers for FLDFX
1 mutual funds have low correlation with FLDFX (below 0.3), 1 of which are negatively correlated. The least correlated is BlackRock Tactical Opportunities Fund Institutional Class (PBAIX) (Tactical Allocation) with a 1Y correlation of -0.02, down from 0.20 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| BlackRock Tactical Opportunities Fund Institutiona... | -0.02 | 0.23 | 0.20 | 66 | Tactical Allocation | FLDFX vs PBAIX | |
| Quantified Evolution Plus Fund | 0.31 | 0.51 | 0.42 | 90 | Tactical Allocation | FLDFX vs QEVOX | |
| Hussman Strategic Total Return Fund | 0.39 | 0.37 | 0.39 | 90 | Tactical Allocation | FLDFX vs HSTRX | |
| AQR Diversifying Strategies Fund Class N | 0.47 | 0.34 | 0.20 | 92 | Tactical Allocation | FLDFX vs QDSNX | |
| Invesco Balanced-Risk Allocation Fund | 0.53 | 0.54 | 0.56 | 95 | Tactical Allocation | FLDFX vs ABRYX |
See all 30 diversifiers for FLDFX
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