Looking to diversify beyond FLIIX? The mutual funds below have historically moved differently from FLIIX, 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 FLIIX
10 mutual funds have low correlation with FLIIX (below 0.3), 0 of which are negatively correlated. The least correlated is NXG Cushing® Midstream Energy Fund (SRV) (Energy Equities) with a 1Y correlation of 0.10, down from 0.32 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| NXG Cushing® Midstream Energy Fund | 0.10 | 0.21 | 0.32 | 58 | Energy Equities | FLIIX vs SRV | |
| Vanguard Energy Index Fund Admiral Shares | 0.20 | 0.30 | 0.37 | 72 | Energy Equities | FLIIX vs VENAX | |
| Fidelity Select Energy Portfolio | 0.21 | 0.31 | 0.37 | 87 | Energy Equities | FLIIX vs FSENX | |
| Victory Global Energy Transition Fund Class Y | 0.21 | 0.38 | 0.46 | 96 | Energy Equities | FLIIX vs RSNYX | |
| Victory Global Energy Transition Fund | 0.21 | 0.38 | 0.46 | 96 | Energy Equities | FLIIX vs RSNRX |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements FLIIX
Add FLIIX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with FLIIX