Looking to diversify beyond FMUSX? The mutual funds below have the lowest correlation with FMUSX — 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 FMUSX.
Best Diversifiers for FMUSX
19 mutual funds have low correlation with FMUSX (below 0.3), 0 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Calamos Market Neutral Income Fund Institutional C... | 0.05 | 0.04 | 0.05 | 98 | FMUSX vs CMNIX | ||
| PGIM Quant Solutions Mid-Cap Value Fund | 0.09 | 0.11 | 0.06 | 85 | Mid Cap Value Equities | FMUSX vs NCBVX | |
| Lord Abbett Mid Cap Stock Fund | 0.11 | 0.12 | 0.07 | 66 | Mid Cap Value Equities | FMUSX vs LAVLX | |
| DFA California Short Term Municipal Bond Portfolio | 0.11 | 0.25 | 0.29 | 99 | Municipal Bonds | FMUSX vs DFCMX | |
| JPMorgan Ultra-Short Municipal Fund | 0.12 | 0.22 | 0.25 | 99 | Municipal Bonds | FMUSX vs USMSX |
See all 27 diversifiers for FMUSX
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Diversification Analysis
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