Looking to diversify beyond FFBQX? The mutual funds below have the lowest correlation with FFBQX — 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 FFBQX.
Best Diversifiers for FFBQX
0 mutual funds have low correlation with FFBQX (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 0.74, 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 | 0.74 | 0.78 | 0.75 | 85 | Target Retirement Date | FFBQX vs TDIFX | |
| Fidelity Select Semiconductors Portfolio | 0.75 | 0.74 | 0.77 | 97 | Semiconductors, Technology Equities | FFBQX vs FSELX | |
| Prudential Day One Income Fund | 0.81 | 0.81 | 0.83 | 86 | Target Retirement Date | FFBQX vs PDAHX | |
| Fidelity Advisor Freedom Blend Income Fund Class A | 0.81 | 0.76 | 0.73 | 69 | Target Retirement Date | FFBQX vs FHAMX | |
| Fidelity Freedom Blend Income Fund Class K6 | 0.82 | 0.76 | 0.73 | 75 | Target Retirement Date | FFBQX vs FHRDX |
See all 132 diversifiers for FFBQX
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