Looking to diversify beyond FATHX? The mutual funds below have the lowest correlation with FATHX — 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 FATHX.
Best Diversifiers for FATHX
0 mutual funds have low correlation with FATHX (below 0.3), 0 of which are negatively correlated. The least correlated is Fidelity Select Semiconductors Portfolio (FSELX) (Semiconductors) with a 1Y correlation of 0.72, roughly unchanged from 0.75 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity Select Semiconductors Portfolio | 0.72 | 0.71 | 0.75 | 92 | Semiconductors, Technology Equities | FATHX vs FSELX | |
| Dimensional Retirement Income Fund | 0.82 | 0.84 | 0.79 | 83 | Target Retirement Date | FATHX vs TDIFX | |
| Fidelity Blue Chip Growth Fund | 0.83 | 0.81 | 0.85 | 61 | Large Cap Growth Equities | FATHX vs FBGRX | |
| Fidelity Advisor Managed Retirement Income Fund Cl... | 0.85 | 0.83 | 0.80 | 70 | Target Retirement Date | FATHX vs FRIMX | |
| Fidelity Managed Retirement 2010 Fund Class K6 | 0.85 | 0.84 | 0.83 | 84 | Target Retirement Date | FATHX vs FRQHX |
See all 68 diversifiers for FATHX
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