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
14 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 0.11, 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 | 0.11 | 0.25 | 0.34 | 99 | Municipal Bonds | FTORX vs DFSMX | |
| Delaware Emerging Markets Fund | 0.15 | 0.11 | 0.11 | 97 | Emerging Markets Diversified | FTORX vs DEMIX | |
| Delaware Small Cap Value Fund | 0.15 | 0.13 | 0.08 | 59 | Small Cap Value Equities | FTORX vs DEVLX | |
| Delaware Small Cap Core Fund | 0.18 | 0.14 | 0.11 | 50 | Small Cap Blend Equities | FTORX vs DCCIX | |
| Delaware Growth and Income Fund | 0.19 | 0.14 | 0.08 | 95 | Large Cap Value Equities | FTORX vs FGINX |
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