Looking to diversify beyond FZACX? The mutual funds below have the lowest correlation with FZACX — 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 FZACX.
Best Diversifiers for FZACX
0 mutual funds have low correlation with FZACX (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 0.49, down from 0.67 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Baron Partners Fund | 0.49 | 0.60 | 0.67 | 72 | Large Cap Growth Equities | FZACX vs BPTRX | |
| ICON Equity Fund | 0.74 | 0.71 | 0.80 | 84 | Large Cap Growth Equities | FZACX vs IOLZX | |
| Adams Diversified Equity Fund, Inc. | 0.75 | 0.81 | 0.88 | 67 | Large Cap Blend Equities | FZACX vs ADX | |
| Vanguard Developed Markets Index Fund Admiral Shar... | 0.76 | 0.72 | 0.77 | 61 | Foreign Large Cap Equities | FZACX vs VTMGX | |
| Nuveen Nasdaq 100 Dynamic Overwrite Fund | 0.80 | 0.80 | 0.79 | 62 | Derivative Income, Options Trading, Nasdaq-100, Large Cap Growth Equities, Actively Managed | FZACX vs QQQX |
See all 39 diversifiers for FZACX
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