Looking to diversify beyond FRBSX? The mutual funds below have the lowest correlation with FRBSX — 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 FRBSX.
Best Diversifiers for FRBSX
0 mutual funds have low correlation with FRBSX (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 0.69, roughly unchanged from 0.76 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Franklin Income Fund Advisor Class | 0.69 | 0.69 | 0.76 | 89 | Diversified Portfolio | FRBSX vs FRIAX | |
| Franklin Income Fund Class A1 | 0.73 | 0.69 | 0.75 | 84 | Diversified Portfolio | FRBSX vs FKINX | |
| Invesco Value Opportunities Fund Class Y | 0.75 | 0.80 | 0.86 | 81 | Mid Cap Value Equities | FRBSX vs VVOIX | |
| Invesco Value Opportunities Fund | 0.76 | 0.80 | 0.86 | 81 | Mid Cap Value Equities | FRBSX vs VVOAX | |
| Invesco V.I. American Value Fund | 0.76 | 0.79 | 0.86 | 81 | Mid Cap Value Equities | FRBSX vs UMCVX |
See all 21 diversifiers for FRBSX
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements FRBSX
Add FRBSX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with FRBSX