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 | 0.62 | — | — | 89 | Semiconductors, Technology Equities | FAELX vs FSELX | |
| Fidelity Advisor Managed Retirement Income Fund Cl... | 0.69 | — | — | 71 | Target Retirement Date | FAELX vs FRIMX | |
| Fidelity Advisor Managed Retirement 2010 Fund Clas... | 0.69 | — | — | 68 | Target Retirement Date | FAELX vs FRQAX | |
| Fidelity Advisor Managed Retirement 2010 Fund Clas... | 0.69 | — | — | 71 | Target Retirement Date | FAELX vs FRQIX | |
| Fidelity Advisor Managed Retirement Income Fund Cl... | 0.70 | — | — | 85 | Target Retirement Date | FAELX vs FRAMX |
See all 36 diversifiers for FAELX
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Diversification Analysis
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