Looking to diversify beyond FTINX? The mutual funds below have historically moved differently from FTINX, 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 FTINX
2 mutual funds have low correlation with FTINX (below 0.3), 1 of which are negatively correlated. The least correlated is SEI Institutional Managed Trust Multi-Asset Inflation Managed Fund (SIFAX) (Diversified Portfolio) with a 1Y correlation of -0.19, down from 0.14 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| SEI Institutional Managed Trust Multi-Asset Inflat... | -0.19 | 0.02 | 0.14 | 83 | Diversified Portfolio | FTINX vs SIFAX | |
| MH Elite Small Cap Fund of Funds Fund | 0.02 | 0.12 | 0.41 | 66 | Diversified Portfolio | FTINX vs MHELX | |
| BlackRock Global Equity Market Neutral Fund Class ... | 0.32 | 0.17 | 0.10 | 97 | Equity Market Neutral | FTINX vs BDMIX | |
| Concorde Wealth Management Fund | 0.33 | 0.53 | 0.61 | 83 | Diversified Portfolio | FTINX vs CONWX | |
| Fidelity Advisor Strategic Real Return Fund Class ... | 0.41 | 0.60 | 0.63 | 91 | Diversified Portfolio | FTINX vs FIQDX |
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