Looking to diversify beyond FRBVX? The mutual funds below have historically moved differently from FRBVX, 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 FRBVX
0 mutual funds have low correlation with FRBVX (below 0.3), 0 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity Select Semiconductors Portfolio | 0.77 | — | — | 80 | Semiconductors, Technology Equities | FRBVX vs FSELX | |
| Dimensional Retirement Income Fund | 0.80 | — | — | 81 | Target Retirement Date | FRBVX vs TDIFX | |
| Dimensional 2015 Target Date Retirement Income Fun... | 0.81 | — | — | 53 | Target Retirement Date | FRBVX vs DRIQX | |
| Prudential Day One Income Fund | 0.84 | — | — | 85 | Target Retirement Date | FRBVX vs PDAHX | |
| Voya Target In-Retirement Fund | 0.85 | — | — | 70 | Target Retirement Date | FRBVX vs ISOLX |
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