Looking to diversify beyond FFFJX? The mutual funds below have historically moved differently from FFFJX, 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 FFFJX
0 mutual funds have low correlation with FFFJX (below 0.3), 0 of which are negatively correlated. The least correlated is Fidelity Select Semiconductors Portfolio (FSELX) (Semiconductors) with a 1Y correlation of 0.76, roughly unchanged from 0.77 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity Select Semiconductors Portfolio | 0.76 | 0.74 | 0.77 | 80 | Semiconductors, Technology Equities | FFFJX vs FSELX | |
| Dimensional Retirement Income Fund | 0.79 | 0.79 | 0.76 | 81 | Target Retirement Date | FFFJX vs TDIFX | |
| Prudential Day One Income Fund | 0.84 | 0.81 | 0.83 | 85 | Target Retirement Date | FFFJX vs PDAHX | |
| Fidelity Freedom Index Income Fund Institutional P... | 0.86 | 0.76 | 0.72 | 70 | Target Retirement Date | FFFJX vs FFGZX | |
| Fidelity Freedom Index Retirement Fund Investor Cl... | 0.86 | 0.76 | 0.72 | 73 | Target Retirement Date | FFFJX vs FIKFX |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements FFFJX
Add FFFJX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with FFFJX