PortfoliosLab logoPortfoliosLab logo

Looking to diversify beyond FTDWX? The mutual funds below have historically moved differently from FTDWX, 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 FTDWX

2 mutual funds have low correlation with FTDWX (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 0.03, down from 0.36 over 5 years.

How candidates are selected

See all 39 diversifiers for FTDWX

To view more results, upgrade your current subscription plan.

Diversification Analysis

Build a portfolio that complements FTDWX

Add FTDWX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.

Analyze a portfolio with FTDWX