Looking to diversify beyond FATWX? The mutual funds below have the lowest correlation with FATWX — 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 FATWX.
Best Diversifiers for FATWX
0 mutual funds have low correlation with FATWX (below 0.3), 0 of which are negatively correlated. The least correlated is Fidelity Select Semiconductors Portfolio (FSELX) (Semiconductors) with a 1Y correlation of 0.68, roughly unchanged from 0.71 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity Select Semiconductors Portfolio | 0.68 | 0.67 | 0.71 | 96 | Semiconductors, Technology Equities | FATWX vs FSELX | |
| Fidelity Blue Chip Growth Fund | 0.79 | 0.76 | 0.80 | 73 | Large Cap Growth Equities | FATWX vs FBGRX | |
| Dimensional Retirement Income Fund | 0.83 | 0.88 | 0.85 | 77 | Target Retirement Date | FATWX vs TDIFX | |
| Dimensional 2060 Target Date Retirement Income Fun... | 0.86 | 0.89 | 0.91 | 81 | Target Retirement Date | FATWX vs DRILX | |
| Dimensional 2065 Target Date Retirement Income Fun... | 0.88 | 0.88 | 0.90 | 81 | Target Retirement Date | FATWX vs DTDRX |
See all 67 diversifiers for FATWX
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