PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan

Franklin Utilities Fund Class R (FRURX) Diversifiers

Mutual Fund · Currency in USD · Last updated Jun 4, 2026

The Franklin Utilities Fund (FRURX) is a mutual fund that aims to achieve both capital appreciation and current income for its investors. The fund primarily invests in the securities of public utility companies, with a focus on companies that operate in the U.S. electricity and gas sector. The fund's investment strategy is to select companies with strong financial performance and the potential for growth in the future.

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

Best Diversifiers for FRURX

0 mutual funds have low correlation with FRURX (below 0.3), 0 of which are negatively correlated. The least correlated is Franklin Income Fund Class A1 (FKINX) (Diversified Portfolio) with a 1Y correlation of 0.31, down from 0.52 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
FKINX
Franklin Income Fund Class A10.310.470.52
87
Diversified PortfolioFRURX vs FKINX
FRIAX
Franklin Income Fund Advisor Class0.360.480.53
92
Diversified PortfolioFRURX vs FRIAX

Rows per page

1–2 of 2

Diversification Analysis

Build a portfolio that complements FRURX

Add FRURX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.

Analyze a portfolio with FRURX