Looking to diversify beyond FFBKX? The mutual funds below have the lowest correlation with FFBKX — 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 FFBKX.
Best Diversifiers for FFBKX
0 mutual funds have low correlation with FFBKX (below 0.3), 0 of which are negatively correlated. The least correlated is Dimensional Retirement Income Fund (TDIFX) (Target Retirement Date) with a 1Y correlation of 0.75, roughly unchanged from 0.75 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Dimensional Retirement Income Fund | 0.75 | 0.78 | 0.75 | 85 | Target Retirement Date | FFBKX vs TDIFX | |
| Fidelity Select Semiconductors Portfolio | 0.75 | 0.75 | 0.78 | 97 | Semiconductors, Technology Equities | FFBKX vs FSELX | |
| Prudential Day One Income Fund | 0.81 | 0.82 | 0.83 | 86 | Target Retirement Date | FFBKX vs PDAHX | |
| Fidelity Freedom Income Fund Class K | 0.82 | 0.75 | 0.73 | 74 | Target Retirement Date | FFBKX vs FNSHX | |
| Fidelity Freedom Index Income Fund Institutional P... | 0.82 | 0.75 | 0.71 | 76 | Target Retirement Date | FFBKX vs FFGZX |
See all 97 diversifiers for FFBKX
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements FFBKX
Add FFBKX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with FFBKX