Looking to diversify beyond FEMIX? The mutual funds below have the lowest correlation with FEMIX — 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 FEMIX.
Best Diversifiers for FEMIX
18 mutual funds have low correlation with FEMIX (below 0.3), 1 of which are negatively correlated. The least correlated is DFA California Municipal Real Return Portfolio (DCARX) (Municipal Bonds) with a 1Y correlation of -0.01, down from 0.22 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| DFA California Municipal Real Return Portfolio | -0.01 | 0.18 | 0.22 | 95 | Municipal Bonds | FEMIX vs DCARX | |
| DFA Municipal Real Return Portfolio | 0.01 | 0.20 | 0.23 | 95 | Municipal Bonds | FEMIX vs DMREX | |
| Fidelity Select Semiconductors Portfolio | 0.07 | 0.05 | 0.07 | 94 | Semiconductors, Technology Equities | FEMIX vs FSELX | |
| Fidelity Blue Chip Growth Fund | 0.15 | 0.11 | 0.10 | 63 | Large Cap Growth Equities | FEMIX vs FBGRX | |
| Fidelity ZERO Large Cap Index Fund | 0.18 | 0.15 | 0.12 | 56 | Large Cap Blend Equities | FEMIX vs FNILX |
See all 27 diversifiers for FEMIX
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Diversification Analysis
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