Looking to diversify beyond FSOSX? The mutual funds below have historically moved differently from FSOSX, 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 FSOSX
0 mutual funds have low correlation with FSOSX (below 0.3), 0 of which are negatively correlated. The least correlated is Federated Hermes International Strategic Value Dividend Fund (IVFIX) (Foreign Large Cap Equities) with a 1Y correlation of 0.41, down from 0.62 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Federated Hermes International Strategic Value Div... | 0.41 | 0.50 | 0.62 | 88 | Foreign Large Cap Equities | FSOSX vs IVFIX | |
| Goldman Sachs GQG Partners International Opportuni... | 0.45 | 0.70 | 0.75 | 61 | Foreign Large Cap Equities | FSOSX vs GSINX | |
| Goldman Sachs GQG Partners International Opportuni... | 0.46 | 0.70 | 0.75 | 61 | Foreign Large Cap Equities | FSOSX vs GSIMX | |
| Pear Tree Polaris Foreign Value Fund | 0.46 | 0.57 | 0.65 | 88 | Foreign Large Cap Equities | FSOSX vs QFVOX | |
| Goldman Sachs GQG Partners International Opportuni... | 0.47 | 0.70 | 0.75 | 56 | Foreign Large Cap Equities, Emerging Markets Equities | FSOSX vs GSIYX |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for FSOSX, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is STAG Industrial, Inc. (STAG) (Real Estate) with a 1Y correlation of 0.32, down from 0.47 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| STAG Industrial, Inc. | 0.32 | 0.40 | 0.47 | 70 | Real Estate |
Build a portfolio that complements FSOSX
Add FSOSX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with FSOSX