Looking to diversify beyond FFFDX? The mutual funds below have historically moved differently from FFFDX, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for FFFDX
0 mutual funds have low correlation with FFFDX (below 0.3), 0 of which are negatively correlated. The least correlated is Fidelity Select Semiconductors Portfolio (FSELX) (Semiconductors) with a 1Y correlation of 0.70, roughly unchanged from 0.69 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity Select Semiconductors Portfolio | 0.70 | 0.65 | 0.69 | 80 | Semiconductors, Technology Equities | FFFDX vs FSELX | |
| Vanguard Wellesley Income Fund Investor Shares | 0.72 | 0.78 | 0.81 | 69 | Diversified Portfolio | FFFDX vs VWINX | |
| Vanguard Global Wellington Fund Investor Shares | 0.83 | 0.83 | 0.87 | 91 | Global Allocation, Diversified Portfolio | FFFDX vs VGWLX | |
| Dimensional Retirement Income Fund | 0.86 | 0.89 | 0.87 | 81 | Target Retirement Date | FFFDX vs TDIFX | |
| T. Rowe Price U.S. Equity Research Fund | 0.86 | 0.82 | 0.83 | 56 | Large Cap Blend Equities | FFFDX vs PRCOX |
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