Looking to diversify beyond FCTHX? The mutual funds below have the lowest correlation with FCTHX — 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 FCTHX.
Best Diversifiers for FCTHX
0 mutual funds have low correlation with FCTHX (below 0.3), 0 of which are negatively correlated. The least correlated is Fidelity Select Semiconductors Portfolio (FSELX) (Semiconductors) with a 1Y correlation of 0.71, 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 | 0.71 | 0.71 | 0.75 | 96 | Semiconductors, Technology Equities | FCTHX vs FSELX | |
| Dimensional Retirement Income Fund | 0.81 | 0.83 | 0.79 | 77 | Target Retirement Date | FCTHX vs TDIFX | |
| Fidelity Blue Chip Growth Fund | 0.83 | 0.81 | 0.84 | 73 | Large Cap Growth Equities | FCTHX vs FBGRX | |
| Voya Target In-Retirement Fund | 0.86 | 0.87 | 0.86 | 79 | Target Retirement Date | FCTHX vs ISOLX | |
| Prudential Day One Income Fund | 0.86 | 0.86 | 0.87 | 79 | Target Retirement Date | FCTHX vs PDAHX |
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