Looking to diversify beyond FCQTX? The mutual funds below have the lowest correlation with FCQTX — 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 FCQTX.
Best Diversifiers for FCQTX
0 mutual funds have low correlation with FCQTX (below 0.3), 0 of which are negatively correlated. The least correlated is Dimensional Retirement Income Fund (TDIFX) (Target Retirement Date) with a 1Y correlation of 0.76, roughly unchanged from 0.74 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Dimensional Retirement Income Fund | 0.76 | 0.76 | 0.74 | 64 | Target Retirement Date | FCQTX vs TDIFX | |
| MFS Lifetime Income Fund | 0.79 | 0.77 | 0.80 | 56 | Target Retirement Date | FCQTX vs MLLIX | |
| Prudential Day One Income Fund | 0.79 | 0.79 | 0.81 | 72 | Target Retirement Date | FCQTX vs PDAHX | |
| MFS Lifetime 2025 Fund | 0.79 | 0.80 | 0.86 | 66 | Target Retirement Date | FCQTX vs LTTIX | |
| Fidelity Advisor Managed Retirement 2010 Fund Clas... | 0.80 | 0.73 | 0.74 | 66 | Target Retirement Date | FCQTX vs FRQIX |
See all 548 diversifiers for FCQTX
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