Looking to diversify beyond FRVLX? The mutual funds below have the lowest correlation with FRVLX — 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 FRVLX.
Best Diversifiers for FRVLX
0 mutual funds have low correlation with FRVLX (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 0.40, down from 0.57 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Aegis Value Fund | 0.40 | 0.48 | 0.57 | 87 | Small Cap Value Equities | FRVLX vs AVALX | |
| Fidelity Growth Company Fund | 0.51 | 0.55 | 0.63 | 74 | Large Cap Growth Equities | FRVLX vs FDGRX | |
| American Funds New World Fund® Class R-6 | 0.55 | 0.60 | 0.68 | 65 | Emerging Markets Diversified | FRVLX vs RNWGX | |
| Franklin Income Fund Advisor Class | 0.65 | 0.63 | 0.69 | 89 | Diversified Portfolio | FRVLX vs FRIAX | |
| Franklin Income Fund Class A1 | 0.65 | 0.63 | 0.69 | 84 | Diversified Portfolio | FRVLX vs FKINX |
See all 34 diversifiers for FRVLX
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements FRVLX
Add FRVLX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with FRVLX