Looking to diversify beyond FDKPX? The mutual funds below have the lowest correlation with FDKPX — 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 FDKPX.
Best Diversifiers for FDKPX
0 mutual funds have low correlation with FDKPX (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 | 94 | Semiconductors, Technology Equities | FDKPX vs FSELX | |
| Dimensional Retirement Income Fund | 0.78 | 0.79 | 0.75 | 64 | Target Retirement Date | FDKPX vs TDIFX | |
| MFS Lifetime 2025 Fund | 0.81 | 0.83 | 0.86 | 66 | Target Retirement Date | FDKPX vs LTTIX | |
| Prudential Day One Income Fund | 0.82 | 0.82 | 0.83 | 72 | Target Retirement Date | FDKPX vs PDAHX | |
| Voya Target In-Retirement Fund | 0.83 | 0.83 | 0.83 | 74 | Target Retirement Date | FDKPX vs ISOLX |
See all 57 diversifiers for FDKPX
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements FDKPX
Add FDKPX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with FDKPX