Looking to diversify beyond FAELX? The mutual funds below have the lowest correlation with FAELX — 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 FAELX.
Best Diversifiers for FAELX
0 mutual funds have low correlation with FAELX (below 0.3), 0 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity Select Semiconductors Portfolio | 0.60 | — | — | 96 | Semiconductors, Technology Equities | FAELX vs FSELX | |
| MFS Lifetime 2025 Fund | 0.68 | — | — | 61 | Target Retirement Date | FAELX vs LTTIX | |
| Prudential Day One Income Fund | 0.71 | — | — | 78 | Target Retirement Date | FAELX vs PDAHX | |
| Fidelity Blue Chip Growth Fund | 0.71 | — | — | 68 | Large Cap Growth Equities | FAELX vs FBGRX | |
| Fidelity Managed Retirement Income Fund | 0.72 | — | — | 66 | Target Retirement Date | FAELX vs FIRMX |
See all 44 diversifiers for FAELX
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Diversification Analysis
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