Looking to diversify beyond FMIUX? The mutual funds below have the lowest correlation with FMIUX — 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 FMIUX.
Best Diversifiers for FMIUX
1 mutual funds have low correlation with FMIUX (below 0.3), 0 of which are negatively correlated. The least correlated is Aegis Value Fund (AVALX) (Small Cap Value Equities) with a 1Y correlation of 0.28, down from 0.51 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Aegis Value Fund | 0.28 | 0.43 | 0.51 | 94 | Small Cap Value Equities | FMIUX vs AVALX | |
| Bridgeway Ultra Small Company Market Fund | 0.64 | 0.71 | 0.72 | 79 | Small Cap Value Equities | FMIUX vs BRSIX | |
| Invesco Small Cap Value Fund | 0.74 | 0.82 | 0.85 | 89 | Small Cap Value Equities | FMIUX vs VSCAX | |
| Third Avenue Small Cap Value Fund | 0.76 | 0.73 | 0.79 | 78 | Small Cap Value Equities | FMIUX vs TASCX | |
| Royce Opportunity Fund | 0.81 | 0.85 | 0.89 | 82 | Small Cap Value Equities | FMIUX vs RYPNX |
See all 16 diversifiers for FMIUX
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