Looking to diversify beyond FLRUX? The mutual funds below have the lowest correlation with FLRUX — 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 FLRUX.
Best Diversifiers for FLRUX
2 mutual funds have low correlation with FLRUX (below 0.3), 1 of which are negatively correlated. The least correlated is SEI Institutional Managed Trust Multi-Asset Inflation Managed Fund (SIFAX) (Diversified Portfolio) with a 1Y correlation of -0.20, down from 0.11 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| SEI Institutional Managed Trust Multi-Asset Inflat... | -0.20 | 0.01 | 0.11 | 60 | Diversified Portfolio | FLRUX vs SIFAX | |
| MH Elite Small Cap Fund of Funds Fund | 0.02 | 0.15 | 0.39 | 67 | Diversified Portfolio | FLRUX vs MHELX | |
| Concorde Wealth Management Fund | 0.33 | 0.52 | 0.59 | 73 | Diversified Portfolio | FLRUX vs CONWX | |
| Fidelity Advisor Strategic Real Return Fund Class ... | 0.36 | 0.55 | 0.58 | 91 | Diversified Portfolio | FLRUX vs FIQDX | |
| Fidelity Advisor Strategic Real Return Fund Class ... | 0.37 | 0.55 | 0.58 | 90 | Diversified Portfolio | FLRUX vs FSIRX |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements FLRUX
Add FLRUX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with FLRUX