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Franklin International Growth Fund Class A (FNGAX) Diversifiers

Mutual Fund · Currency in USD · Last updated Jun 3, 2026

The mutual fund primarily focuses on investing in equity securities, mainly common stock, of mid- and large-cap companies outside the U.S., including those in developing or emerging markets, allowing up to 20% of its net assets to be allocated to emerging market countries.

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

Best Diversifiers for FNGAX

0 mutual funds have low correlation with FNGAX (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 0.48, roughly unchanged from 0.49 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
KGIIX
Kopernik International Fund0.480.380.49
82
Foreign Large Cap EquitiesFNGAX vs KGIIX
PTSIX
PIMCO RAE PLUS International Fund0.490.480.52
83
Foreign Large Cap EquitiesFNGAX vs PTSIX
EPDIX
EuroPac International Dividend Income Fund0.490.520.56
89
Foreign Large Cap EquitiesFNGAX vs EPDIX
EPDPX
EuroPac International Dividend Income Fund Class A0.500.520.56
88
Foreign Large Cap Equities, DividendFNGAX vs EPDPX
SAHMX
SA International Value Fund0.510.510.58
90
Foreign Large Cap EquitiesFNGAX vs SAHMX
See all 21 diversifiers for FNGAX

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