Looking to diversify beyond FQEMX? The mutual funds below have the lowest correlation with FQEMX — 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 FQEMX.
Best Diversifiers for FQEMX
1 mutual funds have low correlation with FQEMX (below 0.3), 0 of which are negatively correlated. The least correlated is Franklin Income Fund Advisor Class (FRIAX) (Diversified Portfolio) with a 1Y correlation of 0.25, down from 0.38 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Franklin Income Fund Advisor Class | 0.25 | 0.38 | — | 92 | Diversified Portfolio | FQEMX vs FRIAX | |
| Franklin Income Fund Class A1 | 0.32 | 0.39 | — | 87 | Diversified Portfolio | FQEMX vs FKINX | |
| Ashmore Emerging Markets Small Cap Equity Fund | 0.48 | 0.63 | — | 87 | Emerging Markets Diversified | FQEMX vs ESCIX | |
| Pzena Emerging Markets Value Fund | 0.52 | 0.57 | — | 73 | Emerging Markets Diversified | FQEMX vs PZVEX | |
| PIMCO RAE PLUS EMG Fund | 0.52 | 0.56 | — | 86 | Emerging Markets Diversified | FQEMX vs PEFIX |
See all 152 diversifiers for FQEMX
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