Looking to diversify beyond FRMCX? The mutual funds below have historically moved differently from FRMCX, 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 FRMCX
0 mutual funds have low correlation with FRMCX (below 0.3), 0 of which are negatively correlated. The least correlated is Aegis Value Fund Class I (AVALX) (Small Cap Value Equities) with a 1Y correlation of 0.40, down from 0.54 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Aegis Value Fund Class I | 0.40 | 0.48 | 0.54 | 95 | Small Cap Value Equities | FRMCX vs AVALX | |
| Palm Valley Capital Fund Investor Class | 0.57 | 0.64 | 0.63 | 75 | Small Cap Value Equities | FRMCX vs PVCMX | |
| Franklin Income Fund Advisor Class | 0.60 | 0.59 | 0.64 | 95 | Diversified Portfolio | FRMCX vs FRIAX | |
| Franklin Income Fund Class A1 | 0.62 | 0.61 | 0.65 | 93 | Diversified Portfolio | FRMCX vs FKINX | |
| Bridgeway Ultra Small Company Market Fund | 0.63 | 0.77 | 0.79 | 76 | Small Cap Value Equities | FRMCX vs BRSIX |
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