Looking to diversify beyond FPACX? The mutual funds below have the lowest correlation with FPACX — 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 FPACX.
Best Diversifiers for FPACX
1 mutual funds have low correlation with FPACX (below 0.3), 0 of which are negatively correlated. The least correlated is MH Elite Small Cap Fund of Funds Fund (MHELX) (Diversified Portfolio) with a 1Y correlation of 0.13, down from 0.53 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| MH Elite Small Cap Fund of Funds Fund | 0.13 | 0.20 | 0.53 | 67 | Diversified Portfolio | FPACX vs MHELX | |
| Hussman Strategic Total Return Fund | 0.37 | 0.33 | 0.35 | 89 | Tactical Allocation | FPACX vs HSTRX | |
| Fidelity Advisor Strategic Real Return Fund Class ... | 0.41 | 0.55 | 0.60 | 86 | Diversified Portfolio | FPACX vs FSIRX | |
| Fidelity Advisor Strategic Real Return Fund Class ... | 0.41 | 0.55 | 0.60 | 88 | Diversified Portfolio | FPACX vs FIQDX | |
| PGIM Real Assets Fund | 0.41 | 0.54 | 0.61 | 75 | Diversified Portfolio | FPACX vs PUDZX |
See all 46 diversifiers for FPACX
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements FPACX
Add FPACX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with FPACX