Looking to diversify beyond FFLDX? The mutual funds below have the lowest correlation with FFLDX — 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 FFLDX.
Best Diversifiers for FFLDX
0 mutual funds have low correlation with FFLDX (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 | 96 | Semiconductors, Technology Equities | FFLDX vs FSELX | |
| Dimensional Retirement Income Fund | 0.79 | 0.80 | 0.76 | 77 | Target Retirement Date | FFLDX vs TDIFX | |
| Prudential Day One Income Fund | 0.82 | 0.83 | 0.84 | 79 | Target Retirement Date | FFLDX vs PDAHX | |
| Fidelity Small Cap Index Fund | 0.83 | 0.83 | 0.86 | 69 | Small Cap Blend Equities | FFLDX vs FSSNX | |
| Fidelity Advisor Managed Retirement 2010 Fund Clas... | 0.84 | 0.79 | 0.78 | 65 | Target Retirement Date | FFLDX vs FRQIX |
See all 66 diversifiers for FFLDX
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