Looking to diversify beyond FMKFX? The mutual funds below have the lowest correlation with FMKFX — 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 FMKFX.
Best Diversifiers for FMKFX
0 mutual funds have low correlation with FMKFX (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 0.50, down from 0.66 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Baron Partners Fund | 0.50 | 0.57 | 0.66 | 72 | Large Cap Growth Equities | FMKFX vs BPTRX | |
| ICON Equity Fund | 0.66 | 0.63 | 0.72 | 84 | Large Cap Growth Equities | FMKFX vs IOLZX | |
| Adams Diversified Equity Fund, Inc. | 0.67 | 0.72 | 0.80 | 67 | Large Cap Blend Equities | FMKFX vs ADX | |
| Vanguard Developed Markets Index Fund Admiral Shar... | 0.69 | 0.65 | 0.71 | 61 | Foreign Large Cap Equities | FMKFX vs VTMGX | |
| PrimeCap Odyssey Growth Fund | 0.73 | 0.79 | 0.84 | 93 | Large Cap Growth Equities | FMKFX vs POGRX |
See all 28 diversifiers for FMKFX
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