Looking to diversify beyond FFFYX? The mutual funds below have the lowest correlation with FFFYX — 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 FFFYX.
Best Diversifiers for FFFYX
0 mutual funds have low correlation with FFFYX (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 | 81 | Target Retirement Date | FFFYX vs TDIFX | |
| Fidelity Select Semiconductors Portfolio | 0.75 | 0.74 | 0.77 | 97 | Semiconductors, Technology Equities | FFFYX vs FSELX | |
| Prudential Day One Income Fund | 0.80 | 0.82 | 0.83 | 83 | Target Retirement Date | FFFYX vs PDAHX | |
| Fidelity Freedom Income Fund Class K | 0.82 | 0.76 | 0.73 | 72 | Target Retirement Date | FFFYX vs FNSHX | |
| Fidelity Freedom Index Income Fund Investor Class | 0.82 | 0.74 | 0.71 | 73 | Target Retirement Date | FFFYX vs FIKFX |
See all 65 diversifiers for FFFYX
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