Looking to diversify beyond FNITX? The mutual funds below have the lowest correlation with FNITX — 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 FNITX.
Best Diversifiers for FNITX
0 mutual funds have low correlation with FNITX (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 | 72 | Large Cap Growth Equities | FNITX vs BPTRX | |
| ICON Equity Fund | 0.63 | 0.61 | 0.73 | 84 | Large Cap Growth Equities | FNITX vs IOLZX | |
| Davis New York Venture Fund Class Y | 0.67 | 0.74 | 0.80 | 80 | Large Cap Growth Equities | FNITX vs DNVYX | |
| Adams Diversified Equity Fund, Inc. | 0.69 | 0.78 | 0.86 | 67 | Large Cap Blend Equities | FNITX vs ADX | |
| Vanguard Developed Markets Index Fund Admiral Shar... | 0.70 | 0.67 | 0.73 | 61 | Foreign Large Cap Equities | FNITX vs VTMGX |
See all 34 diversifiers for FNITX
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