Looking to diversify beyond FFSZX? The mutual funds below have the lowest correlation with FFSZX — 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 FFSZX.
Best Diversifiers for FFSZX
0 mutual funds have low correlation with FFSZX (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 0.78 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity Select Semiconductors Portfolio | 0.76 | 0.76 | 0.78 | 89 | Semiconductors, Technology Equities | FFSZX vs FSELX | |
| Mutual of America Retirement Income Fund | 0.78 | 0.76 | 0.70 | 65 | Target Retirement Date | FFSZX vs MARMX | |
| Dimensional Retirement Income Fund | 0.78 | 0.78 | 0.75 | 81 | Target Retirement Date | FFSZX vs TDIFX | |
| Dimensional 2015 Target Date Retirement Income Fun... | 0.79 | 0.73 | 0.67 | 58 | Target Retirement Date | FFSZX vs DRIQX | |
| Fidelity Advisor Managed Retirement 2010 Fund Clas... | 0.80 | 0.77 | 0.77 | 71 | Target Retirement Date | FFSZX vs FRQIX |
See all 546 diversifiers for FFSZX
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements FFSZX
Add FFSZX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with FFSZX