Looking to diversify beyond FXIEX? The mutual funds below have the lowest correlation with FXIEX — 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 FXIEX.
Best Diversifiers for FXIEX
19 mutual funds have low correlation with FXIEX (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 -0.04, down from 0.19 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| DFA California Municipal Real Return Portfolio | -0.04 | 0.15 | 0.19 | 95 | Municipal Bonds | FXIEX vs DCARX | |
| DFA Municipal Real Return Portfolio | 0.05 | 0.19 | 0.22 | 95 | Municipal Bonds | FXIEX vs DMREX | |
| SEI Institutional Managed Trust Tax-Free Conservat... | 0.16 | 0.22 | 0.21 | 99 | Municipal Bonds | FXIEX vs TFCYX | |
| JPMorgan Ultra-Short Municipal Fund | 0.17 | 0.30 | 0.36 | 99 | Municipal Bonds | FXIEX vs USMSX | |
| Federated Hermes Conservative Municipal Microshort... | 0.17 | 0.20 | 0.16 | 99 | Municipal Bonds | FXIEX vs FHMIX |
See all 448 diversifiers for FXIEX
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