Looking to diversify beyond FDKQX? The mutual funds below have the lowest correlation with FDKQX — 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 FDKQX.
Best Diversifiers for FDKQX
0 mutual funds have low correlation with FDKQX (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 | FDKQX vs FSELX | |
| Dimensional Retirement Income Fund | 0.78 | 0.79 | 0.75 | 77 | Target Retirement Date | FDKQX vs TDIFX | |
| MFS Lifetime 2025 Fund | 0.82 | 0.83 | 0.87 | 61 | Target Retirement Date | FDKQX vs LTTIX | |
| Prudential Day One Income Fund | 0.82 | 0.82 | 0.83 | 79 | Target Retirement Date | FDKQX vs PDAHX | |
| Fidelity Advisor Managed Retirement 2010 Fund Clas... | 0.84 | 0.79 | 0.78 | 65 | Target Retirement Date | FDKQX vs FRQIX |
See all 65 diversifiers for FDKQX
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