Looking to diversify beyond FDTFX? The mutual funds below have the lowest correlation with FDTFX — 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 FDTFX.
Best Diversifiers for FDTFX
0 mutual funds have low correlation with FDTFX (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 | 96 | Semiconductors, Technology Equities | FDTFX vs FSELX | |
| Fidelity Blue Chip Growth Fund | 0.76 | 0.73 | 0.77 | 73 | Large Cap Growth Equities | FDTFX vs FBGRX | |
| Dimensional Retirement Income Fund | 0.82 | 0.89 | 0.87 | 77 | Target Retirement Date | FDTFX vs TDIFX | |
| Voya Target Retirement 2050 Fund | 0.84 | 0.86 | 0.88 | 80 | Target Retirement Date | FDTFX vs IRSQX | |
| Dimensional 2060 Target Date Retirement Income Fun... | 0.84 | 0.86 | 0.88 | 81 | Target Retirement Date | FDTFX vs DRILX |
See all 43 diversifiers for FDTFX
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