Looking to diversify beyond FMAMX? The mutual funds below have the lowest correlation with FMAMX — 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 FMAMX.
Best Diversifiers for FMAMX
0 mutual funds have low correlation with FMAMX (below 0.3), 0 of which are negatively correlated. The least correlated is Baron Partners Fund (BPTRX) (Large Cap Growth Equities) with a 1Y correlation of 0.54, down from 0.73 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Baron Partners Fund | 0.54 | 0.66 | 0.73 | 52 | Large Cap Growth Equities | FMAMX vs BPTRX | |
| ICON Equity Fund | 0.74 | 0.76 | 0.83 | 85 | Large Cap Growth Equities | FMAMX vs IOLZX | |
| Davis New York Venture Fund Class Y | 0.74 | 0.82 | 0.85 | 80 | Large Cap Growth Equities | FMAMX vs DNVYX | |
| Adams Diversified Equity Fund, Inc. | 0.76 | 0.83 | 0.89 | 61 | Large Cap Blend Equities | FMAMX vs ADX | |
| Vanguard Developed Markets Index Fund Admiral Shar... | 0.77 | 0.75 | 0.79 | 65 | Foreign Large Cap Equities | FMAMX vs VTMGX |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements FMAMX
Add FMAMX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with FMAMX