Looking to diversify beyond FZANX? The mutual funds below have the lowest correlation with FZANX — 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 FZANX.
Best Diversifiers for FZANX
0 mutual funds have low correlation with FZANX (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 0.47, down from 0.67 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Baron Partners Fund | 0.47 | 0.58 | 0.67 | 72 | Large Cap Growth Equities | FZANX vs BPTRX | |
| ICON Equity Fund | 0.63 | 0.61 | 0.73 | 84 | Large Cap Growth Equities | FZANX vs IOLZX | |
| Davis New York Venture Fund Class Y | 0.67 | 0.74 | 0.80 | 80 | Large Cap Growth Equities | FZANX vs DNVYX | |
| Adams Diversified Equity Fund, Inc. | 0.69 | 0.78 | 0.86 | 67 | Large Cap Blend Equities | FZANX vs ADX | |
| Vanguard Developed Markets Index Fund Admiral Shar... | 0.70 | 0.67 | 0.73 | 61 | Foreign Large Cap Equities | FZANX vs VTMGX |
See all 38 diversifiers for FZANX
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements FZANX
Add FZANX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with FZANX