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Looking to diversify beyond FNWFX? The mutual funds below have historically moved differently from FNWFX, 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 FNWFX

4 mutual funds have low correlation with FNWFX (below 0.3), 0 of which are negatively correlated. The least correlated is MFS Commodity Strategy Fund (MCSIX) (Commodities) with a 1Y correlation of 0.08, down from 0.25 over 5 years.

How candidates are selected

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