Looking to diversify beyond FATKX? The mutual funds below have the lowest correlation with FATKX — 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 FATKX.
Best Diversifiers for FATKX
0 mutual funds have low correlation with FATKX (below 0.3), 0 of which are negatively correlated. The least correlated is Fidelity Select Semiconductors Portfolio (FSELX) (Semiconductors) with a 1Y correlation of 0.67, roughly unchanged from 0.69 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity Select Semiconductors Portfolio | 0.67 | 0.65 | 0.69 | 96 | Semiconductors, Technology Equities | FATKX vs FSELX | |
| Fidelity Blue Chip Growth Fund | 0.78 | 0.74 | 0.78 | 73 | Large Cap Growth Equities | FATKX vs FBGRX | |
| Dimensional Retirement Income Fund | 0.82 | 0.89 | 0.87 | 77 | Target Retirement Date | FATKX vs TDIFX | |
| Mutual of America 2055 Retirement Fund | 0.84 | 0.83 | 0.76 | 72 | Target Retirement Date | FATKX vs MUROX | |
| Voya Solution 2050 Portfolio | 0.84 | 0.86 | 0.88 | 75 | Target Retirement Date | FATKX vs ISNQX |
See all 186 diversifiers for FATKX
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