Looking to diversify beyond FSTUX? The mutual funds below have the lowest correlation with FSTUX — 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 FSTUX.
Best Diversifiers for FSTUX
0 mutual funds have low correlation with FSTUX (below 0.3), 0 of which are negatively correlated. The least correlated is Invesco Nasdaq 100 Index Fund (IVNQX) (Large Cap Growth Equities) with a 1Y correlation of 0.38, down from 0.56 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco Nasdaq 100 Index Fund | 0.38 | 0.48 | 0.56 | 70 | Large Cap Growth Equities | FSTUX vs IVNQX | |
| Rational Equity Armor Fund | 0.46 | 0.55 | 0.68 | 55 | Large Cap Value Equities | FSTUX vs HDCTX | |
| Federated Hermes Strategic Value Dividend Fund | 0.63 | 0.67 | 0.78 | 78 | Large Cap Value Equities | FSTUX vs SVAIX | |
| Fidelity Large Cap Stock Fund | 0.64 | 0.74 | 0.82 | 76 | Large Cap Blend Equities | FSTUX vs FLCSX | |
| Invesco Small Cap Value Fund | 0.67 | 0.74 | 0.79 | 87 | Small Cap Value Equities | FSTUX vs VSCAX |
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