Looking to diversify beyond FATKX? The mutual funds below have historically moved differently from FATKX, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
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 0.69, roughly unchanged from 0.69 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity Select Semiconductors Portfolio | 0.69 | 0.65 | 0.69 | 80 | Semiconductors, Technology Equities | FATKX vs FSELX | |
| Mutual of America 2055 Retirement Fund | 0.84 | 0.83 | 0.77 | 72 | Target Retirement Date | FATKX vs MUROX | |
| Voya Solution 2050 Portfolio | 0.86 | 0.86 | 0.88 | 66 | Target Retirement Date | FATKX vs ISNQX | |
| Dimensional Retirement Income Fund | 0.86 | 0.89 | 0.87 | 81 | Target Retirement Date | FATKX vs TDIFX | |
| Voya Target Retirement 2040 Fund | 0.87 | 0.88 | 0.90 | 75 | Target Retirement Date | FATKX vs IRSOX |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements FATKX
Add FATKX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with FATKX