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Franklin MicroCap Value Fund (FRMCX) Diversifiers

Mutual Fund · Currency in USD · Last updated Jun 26, 2026

The fund invests at least 80% of its net assets in investments of microcap companies. The fund managers consider microcap companies as companies with a total market capitalization of $1 billion or less, or a total market capitalization within the bottom 40% of the Russell 2000 Value Index. The fund generally invests in equity securities of companies that the fund's investment manager believes are undervalued at the time of purchase and have the potential for capital appreciation. It may invest up to 25% of its total assets in foreign securities.

Looking to diversify beyond FRMCX? The mutual funds below have the lowest correlation with FRMCX — 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 FRMCX.

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 (AVALX) (Small Cap Value Equities) with a 1Y correlation of 0.44, down from 0.55 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
AVALX
Aegis Value Fund0.440.490.55
89
Small Cap Value EquitiesFRMCX vs AVALX
FRIAX
Franklin Income Fund Advisor Class0.650.600.65
89
Diversified PortfolioFRMCX vs FRIAX
FKINX
Franklin Income Fund Class A10.680.620.65
84
Diversified PortfolioFRMCX vs FKINX
BRSIX
Bridgeway Ultra Small Company Market Fund0.700.790.80
76
Small Cap Value EquitiesFRMCX vs BRSIX
TASCX
Third Avenue Small Cap Value Fund0.770.780.83
87
Small Cap Value EquitiesFRMCX vs TASCX
See all 25 diversifiers for FRMCX

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