Looking to diversify beyond FTEIX? The mutual funds below have the lowest correlation with FTEIX — 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 FTEIX.
Best Diversifiers for FTEIX
0 mutual funds have low correlation with FTEIX (below 0.3), 0 of which are negatively correlated. The least correlated is PIMCO RAE PLUS International Fund (PTSIX) (Foreign Large Cap Equities) with a 1Y correlation of 0.62, roughly unchanged from 0.65 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| PIMCO RAE PLUS International Fund | 0.62 | 0.62 | 0.65 | 75 | Foreign Large Cap Equities | FTEIX vs PTSIX | |
| Kopernik International Fund | 0.65 | 0.55 | 0.66 | 54 | Foreign Large Cap Equities | FTEIX vs KGIIX | |
| SA International Value Fund | 0.65 | 0.67 | 0.74 | 88 | Foreign Large Cap Equities | FTEIX vs SAHMX | |
| Fidelity Select Semiconductors Portfolio | 0.68 | 0.64 | 0.67 | 96 | Semiconductors, Technology Equities | FTEIX vs FSELX | |
| EuroPac International Dividend Income Fund Class A | 0.68 | 0.69 | 0.73 | 74 | Foreign Large Cap Equities, Dividend | FTEIX vs EPDPX |
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