Looking to diversify beyond KMKNX? The mutual funds below have historically moved differently from KMKNX, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for KMKNX
1 mutual funds have low correlation with KMKNX (below 0.3), 0 of which are negatively correlated. The least correlated is Fidelity Series Growth Company Fund (FCGSX) (Large Cap Growth Equities) with a 1Y correlation of 0.30, down from 0.40 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity Series Growth Company Fund | 0.30 | 0.33 | 0.40 | 71 | Large Cap Growth Equities | KMKNX vs FCGSX | |
| PRIMECAP Odyssey Aggressive Growth Fund | 0.33 | 0.41 | 0.46 | 75 | Mid Cap Growth Equities | KMKNX vs POAGX | |
| Schwab S&P 500 Index Fund | 0.35 | 0.39 | 0.45 | 59 | Large Cap Blend Equities, S&P 500 | KMKNX vs SWPPX | |
| Fidelity Select Semiconductors Portfolio | 0.36 | 0.35 | 0.39 | 80 | Semiconductors, Technology Equities | KMKNX vs FSELX | |
| Vanguard Capital Opportunity Fund Investor Shares | 0.36 | 0.40 | 0.46 | 84 | Mid Cap Growth Equities | KMKNX vs VHCOX |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements KMKNX
Add KMKNX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with KMKNX