Looking to diversify beyond FMREX? The mutual funds below have the lowest correlation with FMREX — 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 FMREX.
Best Diversifiers for FMREX
1 mutual funds have low correlation with FMREX (below 0.3), 0 of which are negatively correlated. The least correlated is BlackRock Global Equity Market Neutral Fund Class I (BDMIX) (Equity Market Neutral) with a 1Y correlation of 0.26, up from 0.09 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| BlackRock Global Equity Market Neutral Fund Class ... | 0.26 | 0.16 | 0.09 | 96 | Equity Market Neutral | FMREX vs BDMIX | |
| AlphaSimplex Managed Futures Strategy Fund Class Y | 0.45 | 0.25 | 0.03 | 51 | Systematic Trend | FMREX vs ASFYX | |
| Shelton Capital Management Nasdaq-100 Index Fund D... | 0.72 | 0.73 | 0.77 | 59 | Large Cap Growth Equities | FMREX vs NASDX | |
| Dimensional Retirement Income Fund | 0.79 | 0.88 | 0.86 | 83 | Target Retirement Date | FMREX vs TDIFX | |
| Voya Target Retirement 2040 Fund | 0.80 | 0.87 | 0.89 | 77 | Target Retirement Date | FMREX vs IRSOX |
See all 46 diversifiers for FMREX
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