Looking to diversify beyond FMIYX? The mutual funds below have the lowest correlation with FMIYX — 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 FMIYX.
Best Diversifiers for FMIYX
0 mutual funds have low correlation with FMIYX (below 0.3), 0 of which are negatively correlated. The least correlated is Kopernik International Fund (KGIIX) (Foreign Large Cap Equities) with a 1Y correlation of 0.39, roughly unchanged from 0.44 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Kopernik International Fund | 0.39 | 0.32 | 0.44 | 54 | Foreign Large Cap Equities | FMIYX vs KGIIX | |
| EuroPac International Dividend Income Fund | 0.42 | 0.47 | 0.54 | 75 | Foreign Large Cap Equities | FMIYX vs EPDIX | |
| EuroPac International Dividend Income Fund Class A | 0.43 | 0.48 | 0.54 | 74 | Foreign Large Cap Equities, Dividend | FMIYX vs EPDPX | |
| SA International Value Fund | 0.48 | 0.49 | 0.58 | 88 | Foreign Large Cap Equities | FMIYX vs SAHMX | |
| American Beacon Tocqueville International Value Fu... | 0.50 | 0.55 | 0.67 | 93 | Foreign Large Cap Equities | FMIYX vs TIVFX |
See all 19 diversifiers for FMIYX
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