Looking to diversify beyond FFFAX? The mutual funds below have the lowest correlation with FFFAX — 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 FFFAX.
Best Diversifiers for FFFAX
0 mutual funds have low correlation with FFFAX (below 0.3), 0 of which are negatively correlated. The least correlated is Fidelity Select Semiconductors Portfolio (FSELX) (Semiconductors) with a 1Y correlation of 0.58, roughly unchanged from 0.51 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity Select Semiconductors Portfolio | 0.58 | 0.49 | 0.51 | 96 | Semiconductors, Technology Equities | FFFAX vs FSELX | |
| Fidelity Blue Chip Growth Fund | 0.66 | 0.57 | 0.58 | 73 | Large Cap Growth Equities | FFFAX vs FBGRX | |
| Fidelity Capital & Income Fund | 0.70 | 0.68 | 0.69 | 91 | High Yield Bonds | FFFAX vs FAGIX | |
| T. Rowe Price Retirement Income 2020 Fund | 0.73 | 0.77 | 0.77 | 73 | Target Retirement Date | FFFAX vs TRLAX | |
| T. Rowe Price U.S. Equity Research Fund | 0.73 | 0.63 | 0.61 | 64 | Large Cap Blend Equities | FFFAX vs PRCOX |
See all 303 diversifiers for FFFAX
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