Looking to diversify beyond FFTHX? The mutual funds below have the lowest correlation with FFTHX — 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 FFTHX.
Best Diversifiers for FFTHX
1 mutual funds have low correlation with FFTHX (below 0.3), 0 of which are negatively correlated. The least correlated is Fidelity Tax-Free Bond Fund (FTABX) (Municipal Bonds) with a 1Y correlation of 0.27, roughly unchanged from 0.19 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity Tax-Free Bond Fund | 0.27 | 0.24 | 0.19 | 71 | Municipal Bonds | FFTHX vs FTABX | |
| Fidelity Select Semiconductors Portfolio | 0.73 | 0.73 | 0.76 | 96 | Semiconductors, Technology Equities | FFTHX vs FSELX | |
| BlackRock Technology Opportunities Fund Investor A | 0.79 | 0.78 | 0.82 | 66 | Technology Equities | FFTHX vs BGSAX | |
| Dimensional Retirement Income Fund | 0.80 | 0.83 | 0.79 | 77 | Target Retirement Date | FFTHX vs TDIFX | |
| Fidelity Blue Chip Growth Fund | 0.84 | 0.82 | 0.85 | 73 | Large Cap Growth Equities | FFTHX vs FBGRX |
See all 104 diversifiers for FFTHX
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements FFTHX
Add FFTHX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with FFTHX