Looking to diversify beyond FZAJX? The mutual funds below have the lowest correlation with FZAJX — 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 FZAJX.
Best Diversifiers for FZAJX
0 mutual funds have low correlation with FZAJX (below 0.3), 0 of which are negatively correlated. The least correlated is PIMCO RAE PLUS International Fund (PTSIX) (Foreign Large Cap Equities) with a 1Y correlation of 0.52, roughly unchanged from 0.56 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| PIMCO RAE PLUS International Fund | 0.52 | 0.51 | 0.56 | 83 | Foreign Large Cap Equities | FZAJX vs PTSIX | |
| Kopernik International Fund | 0.52 | 0.40 | 0.53 | 82 | Foreign Large Cap Equities | FZAJX vs KGIIX | |
| SA International Value Fund | 0.54 | 0.55 | 0.63 | 90 | Foreign Large Cap Equities | FZAJX vs SAHMX | |
| EuroPac International Dividend Income Fund Class A | 0.56 | 0.55 | 0.61 | 88 | Foreign Large Cap Equities, Dividend | FZAJX vs EPDPX | |
| EuroPac International Dividend Income Fund | 0.56 | 0.56 | 0.61 | 89 | Foreign Large Cap Equities | FZAJX vs EPDIX |
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