Looking to diversify beyond FAELX? The mutual funds below have historically moved differently from FAELX, 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 FAELX
0 mutual funds have low correlation with FAELX (below 0.3), 0 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity Select Semiconductors Portfolio | 0.66 | — | — | 82 | Semiconductors, Technology Equities | FAELX vs FSELX | |
| MFS Lifetime Income Fund | 0.71 | — | — | 58 | Target Retirement Date | FAELX vs MLLIX | |
| Prudential Day One Income Fund | 0.71 | — | — | 85 | Target Retirement Date | FAELX vs PDAHX | |
| Fidelity International Index Fund | 0.73 | — | — | 64 | Foreign Large Cap Equities | FAELX vs FSPSX | |
| Fidelity Freedom Index Income Fund Institutional P... | 0.75 | — | — | 63 | Target Retirement Date | FAELX vs FFGZX |
See all 47 diversifiers for FAELX
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements FAELX
Add FAELX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with FAELX