Looking to diversify beyond FTABX? The mutual funds below have historically moved differently from FTABX, 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 FTABX
20 mutual funds have low correlation with FTABX (below 0.3), 1 of which are negatively correlated. The least correlated is DFA California Municipal Real Return Portfolio (DCARX) (Municipal Bonds) with a 1Y correlation of -0.00, down from 0.22 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| DFA California Municipal Real Return Portfolio | -0.00 | 0.16 | 0.22 | 88 | Municipal Bonds | FTABX vs DCARX | |
| DFA Municipal Real Return Portfolio | 0.02 | 0.19 | 0.23 | 91 | Municipal Bonds | FTABX vs DMREX | |
| Fidelity Select Semiconductors Portfolio | 0.08 | 0.04 | 0.07 | 82 | Semiconductors, Technology Equities | FTABX vs FSELX | |
| Fidelity China Region Fund | 0.16 | 0.07 | 0.09 | 88 | China Equities, Asia Pacific Equities | FTABX vs FHKCX | |
| DFA Short Term Municipal Bond Portfolio | 0.17 | 0.24 | 0.34 | 100 | Municipal Bonds | FTABX vs DFSMX |
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