Looking to diversify beyond FDIFX? The mutual funds below have the lowest correlation with FDIFX — 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 FDIFX.
Best Diversifiers for FDIFX
0 mutual funds have low correlation with FDIFX (below 0.3), 0 of which are negatively correlated. The least correlated is Fidelity Select Semiconductors Portfolio (FSELX) (Semiconductors) with a 1Y correlation of 0.66, roughly unchanged from 0.68 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity Select Semiconductors Portfolio | 0.66 | 0.64 | 0.68 | 97 | Semiconductors, Technology Equities | FDIFX vs FSELX | |
| Fidelity Blue Chip Growth Fund | 0.75 | 0.73 | 0.77 | 75 | Large Cap Growth Equities | FDIFX vs FBGRX | |
| Dimensional Retirement Income Fund | 0.82 | 0.89 | 0.87 | 83 | Target Retirement Date | FDIFX vs TDIFX | |
| Dimensional 2060 Target Date Retirement Income Fun... | 0.83 | 0.86 | 0.88 | 83 | Target Retirement Date | FDIFX vs DRILX | |
| Dimensional 2065 Target Date Retirement Income Fun... | 0.83 | 0.85 | 0.88 | 83 | Target Retirement Date | FDIFX vs DTDRX |
See all 59 diversifiers for FDIFX
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