Looking to diversify beyond FTSDX? The mutual funds below have the lowest correlation with FTSDX — 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 FTSDX.
Best Diversifiers for FTSDX
1 mutual funds have low correlation with FTSDX (below 0.3), 0 of which are negatively correlated. The least correlated is MH Elite Small Cap Fund of Funds Fund (MHELX) (Diversified Portfolio) with a 1Y correlation of 0.01, down from 0.48 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| MH Elite Small Cap Fund of Funds Fund | 0.01 | 0.17 | 0.48 | 70 | Diversified Portfolio | FTSDX vs MHELX | |
| SEI Asset Allocation Trust Defensive Strategy Allo... | 0.38 | 0.39 | 0.42 | 99 | Diversified Portfolio | FTSDX vs STDAX | |
| Standpoint Multi-Asset Fund Institutional | 0.46 | 0.55 | 0.55 | 82 | Diversified Portfolio | FTSDX vs BLNDX | |
| Chartwell Income Fund | 0.47 | 0.54 | 0.60 | 57 | Diversified Portfolio | FTSDX vs BERIX | |
| Fidelity Select Semiconductors Portfolio | 0.47 | 0.49 | 0.57 | 96 | Semiconductors, Technology Equities | FTSDX vs FSELX |
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