Looking to diversify beyond FNSBX? The mutual funds below have historically moved differently from FNSBX, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for FNSBX
0 mutual funds have low correlation with FNSBX (below 0.3), 0 of which are negatively correlated. The least correlated is Vanguard Value Index Fund Institutional Shares (VIVIX) (Large Cap Value Equities) with a 1Y correlation of 0.66, down from 0.79 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard Value Index Fund Institutional Shares | 0.66 | 0.73 | 0.79 | 93 | Large Cap Value Equities | FNSBX vs VIVIX | |
| Vanguard Value Index Fund Admiral Shares | 0.66 | 0.73 | 0.78 | 93 | Large Cap Value Equities | FNSBX vs VVIAX | |
| Vanguard Windsor II Fund Admiral Shares | 0.75 | 0.84 | 0.89 | 82 | Large Cap Value Equities | FNSBX vs VWNAX | |
| Fidelity Select Semiconductors Portfolio | 0.78 | 0.75 | 0.78 | 80 | Semiconductors, Technology Equities | FNSBX vs FSELX | |
| Dimensional Retirement Income Fund | 0.79 | 0.78 | 0.75 | 81 | Target Retirement Date | FNSBX vs TDIFX |
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