Looking to diversify beyond FTORX? The mutual funds below have the lowest correlation with FTORX — 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 FTORX.
Best Diversifiers for FTORX
15 mutual funds have low correlation with FTORX (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 0.13, 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 | 0.13 | 0.26 | 0.34 | 100 | Municipal Bonds | FTORX vs DFSMX | |
| Delaware Growth and Income Fund | 0.15 | 0.15 | 0.08 | 97 | Large Cap Value Equities | FTORX vs FGINX | |
| Delaware Small Cap Value Fund | 0.16 | 0.14 | 0.09 | 67 | Small Cap Value Equities | FTORX vs DEVLX | |
| Delaware Opportunity Fund | 0.17 | 0.16 | 0.10 | 88 | Mid Cap Value Equities | FTORX vs FIUSX | |
| Delaware Emerging Markets Fund | 0.17 | 0.10 | 0.11 | 95 | Emerging Markets Diversified | FTORX vs DEMIX |
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