Looking to diversify beyond FTNYX? The mutual funds below have the lowest correlation with FTNYX — 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 FTNYX.
Best Diversifiers for FTNYX
13 mutual funds have low correlation with FTNYX (below 0.3), 0 of which are negatively correlated. The least correlated is DFA Short Term Municipal Bond Portfolio (DFSMX) (Municipal Bonds) with a 1Y correlation of 0.15, down from 0.34 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| DFA Short Term Municipal Bond Portfolio | 0.15 | 0.27 | 0.34 | 100 | Municipal Bonds | FTNYX vs DFSMX | |
| Delaware Growth and Income Fund | 0.16 | 0.15 | 0.08 | 96 | Large Cap Value Equities | FTNYX vs FGINX | |
| DFA Short-Term Selective State Municipal Bond Port... | 0.18 | 0.28 | — | 100 | Municipal Bonds | FTNYX vs DFABX | |
| Delaware Opportunity Fund | 0.19 | 0.15 | 0.09 | 85 | Mid Cap Value Equities | FTNYX vs FIUSX | |
| Delaware Emerging Markets Fund | 0.19 | 0.11 | 0.11 | 95 | Emerging Markets Diversified | FTNYX vs DEMIX |
See all 25 diversifiers for FTNYX
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