Looking to diversify beyond FLFGX? The mutual funds below have historically moved differently from FLFGX, 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 FLFGX
2 mutual funds have low correlation with FLFGX (below 0.3), 0 of which are negatively correlated. The least correlated is LoCorr Macro Strategies Fund Class I (LFMIX) (Global Allocation) with a 1Y correlation of 0.22, up from 0.00 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| LoCorr Macro Strategies Fund Class I | 0.22 | 0.12 | 0.00 | 83 | Global Allocation | FLFGX vs LFMIX | |
| Wilmington Real Asset Fund | 0.25 | 0.49 | 0.56 | 92 | Global Allocation | FLFGX vs WMRIX | |
| MH Elite Select Portfolio of Funds Fund | 0.30 | 0.37 | 0.61 | 75 | Global Allocation | FLFGX vs MHESX | |
| Hartford Real Asset Fund | 0.35 | 0.54 | 0.63 | 97 | Global Allocation | FLFGX vs HRLYX | |
| Cohen & Steers Real Assets Fund Inc | 0.39 | 0.56 | 0.63 | 61 | Global Allocation | FLFGX vs RAPZX |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements FLFGX
Add FLFGX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with FLFGX