Looking to diversify beyond FTABX? The mutual funds below have the lowest correlation with FTABX — 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 FTABX.
Best Diversifiers for FTABX
21 mutual funds have low correlation with FTABX (below 0.3), 2 of which are negatively correlated. The least correlated is DFA California Municipal Real Return Portfolio (DCARX) (Municipal Bonds) with a 1Y correlation of -0.02, down from 0.22 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| DFA California Municipal Real Return Portfolio | -0.02 | 0.19 | 0.22 | 96 | Municipal Bonds | FTABX vs DCARX | |
| DFA Municipal Real Return Portfolio | -0.00 | 0.20 | 0.22 | 95 | Municipal Bonds | FTABX vs DMREX | |
| Fidelity Select Semiconductors Portfolio | 0.06 | 0.04 | 0.06 | 97 | Semiconductors, Technology Equities | FTABX vs FSELX | |
| Fidelity Blue Chip Growth Fund | 0.10 | 0.09 | 0.09 | 75 | Large Cap Growth Equities | FTABX vs FBGRX | |
| Fidelity China Region Fund | 0.10 | 0.06 | 0.07 | 96 | China Equities | FTABX vs FHKCX |
See all 59 diversifiers for FTABX
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