Looking to diversify beyond FRQHX? The mutual funds below have the lowest correlation with FRQHX — 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 FRQHX.
Best Diversifiers for FRQHX
1 mutual funds have low correlation with FRQHX (below 0.3), 0 of which are negatively correlated. The least correlated is BlackRock Global Equity Market Neutral Fund Class I (BDMIX) (Equity Market Neutral) with a 1Y correlation of 0.22, up from 0.07 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| BlackRock Global Equity Market Neutral Fund Class ... | 0.22 | 0.12 | 0.07 | 96 | Equity Market Neutral | FRQHX vs BDMIX | |
| AlphaSimplex Managed Futures Strategy Fund Class Y | 0.39 | 0.16 | -0.10 | 58 | Systematic Trend | FRQHX vs ASFYX | |
| Shelton Capital Management Nasdaq-100 Index Fund D... | 0.62 | 0.57 | 0.61 | 57 | Large Cap Growth Equities | FRQHX vs NASDX | |
| Connecticut Higher Education Trust 529 College Sav... | 0.69 | — | — | 65 | Target Retirement Date | FRQHX vs FAELX | |
| Voya Index Solution 2055 Portfolio | 0.69 | 0.70 | 0.72 | 72 | Target Retirement Date | FRQHX vs IISNX |
See all 562 diversifiers for FRQHX
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