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Fidelity Advisor Managed Retirement 2015 Fund Class A (FARSX) Diversifiers

Mutual Fund · Currency in USD · Last updated Jun 24, 2026

The investment seeks total return until its horizon date through a combination of current income and capital growth. The fund invests in a combination of Fidelity U.S. equity funds, international equity funds, bond funds, and short-term funds in a manner that supports a withdrawal strategy to provide investors with income in retirement. The manager allocates assets according to a neutral asset allocation strategy.

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

Best Diversifiers for FARSX

1 mutual funds have low correlation with FARSX (below 0.3), 0 of which are negatively correlated. The least correlated is BlackRock Global Long/Short Equity Fund Class I (BDMIX) (Long-Short) with a 1Y correlation of 0.25, up from 0.08 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
BDMIX
BlackRock Global Long/Short Equity Fund Class I0.250.130.08
96
Long-ShortFARSX vs BDMIX
ASFYX
AlphaSimplex Managed Futures Strategy Fund Class Y0.440.19-0.04
64
Systematic TrendFARSX vs ASFYX
BGSAX
BlackRock Technology Opportunities Fund Investor A0.650.610.67
69
Technology EquitiesFARSX vs BGSAX
NASDX
Shelton Capital Management Nasdaq-100 Index Fund D...0.710.650.68
71
Large Cap Growth EquitiesFARSX vs NASDX
WFSPX
iShares S&P 500 Index Fund Class K0.790.720.73
65
S&P 500FARSX vs WFSPX
See all 72 diversifiers for FARSX

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Low-Correlation Stock Ideas

If you're looking for individual stocks that move independently from FARSX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to FARSX and solid risk/return profiles. The least correlated is Ford Motor Company (F) (Consumer Cyclical) with a 1Y correlation of 0.45, roughly unchanged from 0.48 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankSector
F
Ford Motor Company0.450.410.48
71
Consumer Cyclical

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