PortfoliosLab logoPortfoliosLab logo

Looking to diversify beyond FSBHX? The mutual funds below have historically moved differently from FSBHX, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.

Best Diversifiers for FSBHX

4 mutual funds have low correlation with FSBHX (below 0.3), 1 of which are negatively correlated. The least correlated is Fairholme Focused Income Fund (FOCIX) (High Yield Bonds) with a 1Y correlation of -0.08, down from 0.31 over 5 years.

How candidates are selected

See all 37 diversifiers for FSBHX

To view more results, upgrade your current subscription plan.

Diversification Analysis

Build a portfolio that complements FSBHX

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

Analyze a portfolio with FSBHX