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Looking to diversify beyond VFFVX? The mutual funds below have the lowest correlation with VFFVX — 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 VFFVX.

Best Diversifiers for VFFVX

3 mutual funds have low correlation with VFFVX (below 0.3), 1 of which are negatively correlated. The least correlated is Fidelity Select Energy Portfolio (FSENX) (Energy Equities) with a 1Y correlation of -0.02, down from 0.38 over 5 years.


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Low-Correlation Stock Ideas

If you're looking for individual stocks that move independently from VFFVX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to VFFVX and solid risk/return profiles. The least correlated is Altria Group, Inc. (MO) (Consumer Defensive) with a 1Y correlation of -0.15, down from 0.16 over 5 years.


SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankSector
Altria Group, Inc.-0.150.060.16
73
Consumer Defensive
Exxon Mobil Corporation-0.140.080.22
86
Energy
ConocoPhillips Company-0.120.090.23
78
Energy
Duke Energy Corporation-0.110.020.12
57
Utilities
Chevron Corporation-0.100.110.24
84
Energy
See all 126 low-correlation stocks for VFFVX

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Diversification Analysis

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