Looking to diversify beyond FSRRX? The mutual funds below have the lowest correlation with FSRRX — 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 FSRRX.
Best Diversifiers for FSRRX
57 mutual funds have low correlation with FSRRX (below 0.3), 0 of which are negatively correlated. The least correlated is MH Elite Small Cap Fund of Funds Fund (MHELX) (Diversified Portfolio) with a 1Y correlation of 0.01, down from 0.39 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| MH Elite Small Cap Fund of Funds Fund | 0.01 | 0.16 | 0.39 | 69 | Diversified Portfolio | FSRRX vs MHELX | |
| AQR Long-Short Equity Fund | 0.04 | 0.19 | 0.28 | 51 | Long-Short | FSRRX vs QLEIX | |
| Fidelity Blue Chip Growth Fund | 0.09 | 0.32 | 0.42 | 71 | Large Cap Growth Equities | FSRRX vs FBGRX | |
| Federated Hermes Capital Income Fund | 0.12 | 0.44 | 0.57 | 84 | Diversified Portfolio | FSRRX vs CAPAX | |
| SEI Asset Allocation Trust Defensive Strategy Allo... | 0.17 | 0.31 | 0.37 | 99 | Diversified Portfolio | FSRRX vs STDAX |
See all 380 diversifiers for FSRRX
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