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 Federated Hermes International Strategic Value Dividend Fund (IVFIX) (Foreign Large Cap Equities) with a 1Y correlation of 0.48, down from 0.66 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Federated Hermes International Strategic Value Div... | 0.48 | 0.55 | 0.66 | 61 | Foreign Large Cap Equities | FTEIX vs IVFIX | |
| PIMCO RAE PLUS International Fund | 0.59 | 0.61 | 0.65 | 82 | Foreign Large Cap Equities | FTEIX vs PTSIX | |
| SA International Value Fund | 0.66 | 0.66 | 0.74 | 89 | Foreign Large Cap Equities | FTEIX vs SAHMX | |
| Thornburg Global Opportunities Fund | 0.68 | 0.79 | 0.84 | 86 | Foreign Large Cap Equities | FTEIX vs THOIX | |
| Fidelity Select Semiconductors Portfolio | 0.69 | 0.64 | 0.67 | 92 | Semiconductors, Technology Equities | FTEIX vs FSELX |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements FTEIX
Add FTEIX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with FTEIX