Looking to diversify beyond FSTBX? The mutual funds below have the lowest correlation with FSTBX — 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 FSTBX.
Best Diversifiers for FSTBX
11 mutual funds have low correlation with FSTBX (below 0.3), 0 of which are negatively correlated. The least correlated is Wilmington Real Asset Fund (WMRIX) (Global Allocation) with a 1Y correlation of 0.09, down from 0.53 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Wilmington Real Asset Fund | 0.09 | 0.38 | 0.53 | 83 | Global Allocation | FSTBX vs WMRIX | |
| Hartford Real Asset Fund | 0.12 | 0.41 | 0.59 | 96 | Global Allocation | FSTBX vs HRLYX | |
| Principal Diversified Select Real Asset Fund | 0.14 | 0.47 | 0.65 | 92 | Global Allocation | FSTBX vs PDSYX | |
| Lazard Real Assets Portfolio | 0.15 | 0.43 | 0.58 | 78 | Global Allocation | FSTBX vs RALIX | |
| Federated Hermes Strategic Value Dividend Fund | 0.16 | 0.36 | 0.53 | 65 | Large Cap Value Equities | FSTBX vs SVAIX |
See all 21 diversifiers for FSTBX
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