Looking to diversify beyond FNICX? The mutual funds below have the lowest correlation with FNICX — 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 FNICX.
Best Diversifiers for FNICX
0 mutual funds have low correlation with FNICX (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 0.47, down from 0.67 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Baron Partners Fund | 0.47 | 0.58 | 0.67 | 51 | Large Cap Growth Equities | FNICX vs BPTRX | |
| ICON Equity Fund | 0.63 | 0.60 | 0.72 | 75 | Large Cap Growth Equities | FNICX vs IOLZX | |
| Vanguard Developed Markets Index Fund Admiral Shar... | 0.68 | 0.67 | 0.73 | 55 | Foreign Large Cap Equities | FNICX vs VTMGX | |
| Adams Diversified Equity Fund, Inc. | 0.69 | 0.78 | 0.86 | 67 | Large Cap Blend Equities | FNICX vs ADX | |
| Fidelity Select Semiconductors Portfolio | 0.73 | 0.78 | 0.82 | 96 | Semiconductors, Technology Equities | FNICX vs FSELX |
See all 31 diversifiers for FNICX
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