PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan

Franklin Moderate Allocation Fund (FMTIX) Diversifiers

Mutual Fund · Currency in USD · Last updated Jun 24, 2026

The fund is a "fund of funds" meaning that it seeks to achieve its investment goal by investing its assets primarily in other funds, predominantly other Franklin Templeton and Legg Mason mutual funds and ETFs. The investment manager uses the following as a general guide in allocating the fund's assets among the broad asset classes: 60% equity funds; and 40% fixed-income funds. These percentages may be changed from time to time by the fund's investment manager without the approval of shareholders, and may vary up to 10% from these percentages of the fund's assets.

Looking to diversify beyond FMTIX? The mutual funds below have the lowest correlation with FMTIX — 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 FMTIX.

Best Diversifiers for FMTIX

1 mutual funds have low correlation with FMTIX (below 0.3), 0 of which are negatively correlated. The least correlated is MH Elite Small Cap Fund of Funds Fund (MHELX) (Diversified Portfolio) with a 1Y correlation of 0.06, down from 0.49 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
MHELX
MH Elite Small Cap Fund of Funds Fund0.060.160.49
70
Diversified PortfolioFMTIX vs MHELX
FSIRX
Fidelity Advisor Strategic Real Return Fund Class ...0.350.540.60
86
Diversified PortfolioFMTIX vs FSIRX
FCSRX
Fidelity Advisor Strategic Real Return Fund Class ...0.360.540.60
82
Diversified PortfolioFMTIX vs FCSRX
FSRRX
Fidelity Strategic Real Return Fund0.360.550.61
87
Diversified PortfolioFMTIX vs FSRRX
FIQDX
Fidelity Advisor Strategic Real Return Fund Class ...0.360.540.60
88
Diversified PortfolioFMTIX vs FIQDX
See all 29 diversifiers for FMTIX

To view more results, upgrade your current subscription plan.

Diversification Analysis

Build a portfolio that complements FMTIX

Add FMTIX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.

Analyze a portfolio with FMTIX