Looking to diversify beyond FDFVX? The mutual funds below have the lowest correlation with FDFVX — 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 FDFVX.
Best Diversifiers for FDFVX
0 mutual funds have low correlation with FDFVX (below 0.3), 0 of which are negatively correlated. The least correlated is Fidelity Select Semiconductors Portfolio (FSELX) (Semiconductors) with a 1Y correlation of 0.74, roughly unchanged from 0.77 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity Select Semiconductors Portfolio | 0.74 | 0.74 | 0.77 | 96 | Semiconductors, Technology Equities | FDFVX vs FSELX | |
| Dimensional Retirement Income Fund | 0.78 | 0.78 | 0.75 | 70 | Target Retirement Date | FDFVX vs TDIFX | |
| Prudential Day One Income Fund | 0.81 | 0.81 | 0.83 | 78 | Target Retirement Date | FDFVX vs PDAHX | |
| MFS Lifetime 2025 Fund | 0.82 | 0.83 | 0.87 | 61 | Target Retirement Date | FDFVX vs LTTIX | |
| Fidelity Advisor Managed Retirement 2010 Fund Clas... | 0.84 | 0.78 | 0.78 | 65 | Target Retirement Date | FDFVX vs FRQIX |
See all 58 diversifiers for FDFVX
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements FDFVX
Add FDFVX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with FDFVX