Looking to diversify beyond FFIJX? The mutual funds below have the lowest correlation with FFIJX — 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 FFIJX.
Best Diversifiers for FFIJX
0 mutual funds have low correlation with FFIJX (below 0.3), 0 of which are negatively correlated. The least correlated is Fidelity Select Semiconductors Portfolio (FSELX) (Semiconductors) with a 1Y correlation of 0.73, roughly unchanged from 0.77 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity Select Semiconductors Portfolio | 0.73 | 0.74 | 0.77 | 97 | Semiconductors, Technology Equities | FFIJX vs FSELX | |
| Dimensional Retirement Income Fund | 0.75 | 0.79 | 0.76 | 85 | Target Retirement Date | FFIJX vs TDIFX | |
| Prudential Day One Income Fund | 0.81 | 0.83 | 0.84 | 86 | Target Retirement Date | FFIJX vs PDAHX | |
| Fidelity Freedom Index Income Fund Institutional P... | 0.82 | 0.76 | 0.73 | 76 | Target Retirement Date | FFIJX vs FFGZX | |
| Fidelity Managed Retirement Income Fund Class K6 | 0.83 | 0.77 | 0.75 | 72 | Target Retirement Date | FFIJX vs FRHMX |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements FFIJX
Add FFIJX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with FFIJX