Looking to diversify beyond FTGSX? The mutual funds below have the lowest correlation with FTGSX — 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 FTGSX.
Best Diversifiers for FTGSX
4 mutual funds have low correlation with FTGSX (below 0.3), 0 of which are negatively correlated. The least correlated is Federated Hermes Strategic Value Dividend Fund (SVAIX) (Large Cap Value Equities) with a 1Y correlation of 0.14, roughly unchanged from 0.16 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Federated Hermes Strategic Value Dividend Fund | 0.14 | 0.26 | 0.16 | 84 | Large Cap Value Equities | FTGSX vs SVAIX | |
| Integrity Short Term Government Fund | 0.21 | 0.61 | 0.71 | 90 | Government Bonds | FTGSX vs MDSIX | |
| GMO U.S. Treasury Fund | 0.23 | 0.13 | 0.10 | 99 | Government Bonds | FTGSX vs GUSTX | |
| DFA Short-Term Government Portfolio | 0.25 | 0.07 | 0.36 | 99 | Government Bonds | FTGSX vs DFFGX | |
| Davis Government Bond Fund | 0.33 | 0.50 | 0.59 | 80 | Government Bonds | FTGSX vs RFBAX |
See all 13 diversifiers for FTGSX
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