Looking to diversify beyond FSGRX? The mutual funds below have the lowest correlation with FSGRX — 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 FSGRX.
Best Diversifiers for FSGRX
0 mutual funds have low correlation with FSGRX (below 0.3), 0 of which are negatively correlated. The least correlated is Oberweis Micro Cap Fund (OBMCX) (Small Cap Growth Equities) with a 1Y correlation of 0.77, down from 0.88 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Oberweis Micro Cap Fund | 0.77 | 0.86 | 0.88 | 91 | Small Cap Growth Equities | FSGRX vs OBMCX | |
| Needham Small Cap Growth Fund | 0.77 | 0.83 | 0.86 | 95 | Small Cap Growth Equities | FSGRX vs NESGX | |
| Needham Small Cap Growth Fund Institutional | 0.78 | 0.83 | 0.86 | 95 | Small Cap Growth Equities | FSGRX vs NESIX | |
| Needham Aggressive Growth Fund | 0.79 | 0.81 | 0.83 | 93 | Small Cap Growth Equities | FSGRX vs NEAGX | |
| Needham Aggressive Growth Fund Institutional Class | 0.79 | 0.81 | 0.83 | 93 | Small Cap Growth Equities | FSGRX vs NEAIX |
See all 9 diversifiers for FSGRX
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