Looking to diversify beyond FCTWX? The mutual funds below have the lowest correlation with FCTWX — 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 FCTWX.
Best Diversifiers for FCTWX
0 mutual funds have low correlation with FCTWX (below 0.3), 0 of which are negatively correlated. The least correlated is Fidelity Select Semiconductors Portfolio (FSELX) (Semiconductors) with a 1Y correlation of 0.70, 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 | 0.70 | 0.67 | 0.71 | 84 | Semiconductors, Technology Equities | FCTWX vs FSELX | |
| Dimensional Retirement Income Fund | 0.85 | 0.88 | 0.86 | 81 | Target Retirement Date | FCTWX vs TDIFX | |
| Fidelity Advisor Managed Retirement Income Fund Cl... | 0.87 | 0.89 | 0.88 | 70 | Target Retirement Date | FCTWX vs FRIMX | |
| Fidelity Advisor Managed Retirement 2010 Fund Clas... | 0.87 | 0.90 | 0.90 | 70 | Target Retirement Date | FCTWX vs FRQIX | |
| Dimensional 2060 Target Date Retirement Income Fun... | 0.88 | 0.89 | 0.91 | 72 | Target Retirement Date | FCTWX vs DRILX |
See all 48 diversifiers for FCTWX
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements FCTWX
Add FCTWX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with FCTWX