Looking to diversify beyond FUMIX? The mutual funds below have the lowest correlation with FUMIX — 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 FUMIX.
Best Diversifiers for FUMIX
0 mutual funds have low correlation with FUMIX (below 0.3), 0 of which are negatively correlated. The least correlated is Baron Partners Fund (BPTRX) (Large Cap Growth Equities) with a 1Y correlation of 0.35, down from 0.60 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Baron Partners Fund | 0.35 | 0.52 | 0.60 | 75 | Large Cap Growth Equities | FUMIX vs BPTRX | |
| Davis New York Venture Fund Class Y | 0.59 | 0.68 | 0.73 | 81 | Large Cap Growth Equities | FUMIX vs DNVYX | |
| Adams Diversified Equity Fund, Inc. | 0.64 | 0.74 | 0.80 | 82 | Large Cap Blend Equities | FUMIX vs ADX | |
| Vanguard Developed Markets Index Fund Admiral Shar... | 0.68 | 0.65 | 0.70 | 55 | Foreign Large Cap Equities | FUMIX vs VTMGX | |
| Nuveen Nasdaq 100 Dynamic Overwrite Fund | 0.72 | 0.74 | 0.70 | 68 | Derivative Income, Options Trading, Nasdaq-100, Large Cap Growth Equities, Actively Managed | FUMIX vs QQQX |
See all 65 diversifiers for FUMIX
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