Looking to diversify beyond FUENX? The mutual funds below have the lowest correlation with FUENX — 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 FUENX.
Best Diversifiers for FUENX
23 mutual funds have low correlation with FUENX (below 0.3), 0 of which are negatively correlated. The least correlated is DFA California Municipal Real Return Portfolio (DCARX) (Municipal Bonds) with a 1Y correlation of 0.01, down from 0.22 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| DFA California Municipal Real Return Portfolio | 0.01 | 0.20 | 0.22 | 95 | Municipal Bonds | FUENX vs DCARX | |
| DFA Municipal Real Return Portfolio | 0.05 | 0.23 | 0.24 | 94 | Municipal Bonds | FUENX vs DMREX | |
| Fidelity Select Semiconductors Portfolio | 0.10 | 0.05 | 0.08 | 96 | Semiconductors, Technology Equities | FUENX vs FSELX | |
| Fidelity Blue Chip Growth Fund | 0.17 | 0.10 | 0.11 | 73 | Large Cap Growth Equities | FUENX vs FBGRX | |
| DFA Short Term Municipal Bond Portfolio | 0.19 | 0.28 | 0.37 | 99 | Municipal Bonds | FUENX vs DFSMX |
See all 43 diversifiers for FUENX
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