Looking to diversify beyond FXCTX? The mutual funds below have the lowest correlation with FXCTX — 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 FXCTX.
Best Diversifiers for FXCTX
14 mutual funds have low correlation with FXCTX (below 0.3), 1 of which are negatively correlated. The least correlated is DFA California Municipal Real Return Portfolio (DCARX) (Municipal Bonds) with a 1Y correlation of -0.02, 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 | -0.02 | 0.20 | 0.22 | 96 | Municipal Bonds | FXCTX vs DCARX | |
| DFA Municipal Real Return Portfolio | 0.03 | 0.21 | 0.23 | 95 | Municipal Bonds | FXCTX vs DMREX | |
| Fidelity 500 Index Fund | 0.12 | 0.14 | 0.11 | 73 | S&P 500 | FXCTX vs FXAIX | |
| DFA Short Term Municipal Bond Portfolio | 0.17 | 0.26 | 0.35 | 99 | Municipal Bonds | FXCTX vs DFSMX | |
| JPMorgan Ultra-Short Municipal Fund | 0.17 | 0.33 | 0.39 | 99 | Municipal Bonds | FXCTX vs USMSX |
See all 21 diversifiers for FXCTX
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements FXCTX
Add FXCTX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with FXCTX