Looking to diversify beyond FSAKX? The mutual funds below have the lowest correlation with FSAKX — 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 FSAKX.
Best Diversifiers for FSAKX
1 mutual funds have low correlation with FSAKX (below 0.3), 0 of which are negatively correlated. The least correlated is Goldman Sachs Strategic Volatility Premium Fund (SVPFX) (Large Cap Blend Equities) with a 1Y correlation of 0.23, roughly unchanged from 0.16 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Goldman Sachs Strategic Volatility Premium Fund | 0.23 | 0.16 | 0.16 | 70 | Large Cap Blend Equities | FSAKX vs SVPFX | |
| North Square Preferred and Income Securities Fund | 0.46 | — | — | 68 | Large Cap Blend Equities | FSAKX vs ORDNX | |
| Rock Oak Core Growth Fund | 0.48 | — | — | 63 | Large Cap Blend Equities | FSAKX vs RCKSX | |
| Fidelity Infrastructure Fund | 0.50 | — | — | 51 | Large Cap Blend Equities | FSAKX vs FNSTX | |
| Glenmede Responsible ESG U.S. Equity Portfolio | 0.52 | 0.62 | 0.62 | 89 | Large Cap Blend Equities | FSAKX vs RESGX |
See all 37 diversifiers for FSAKX
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