Looking to diversify beyond FFVAX? The mutual funds below have the lowest correlation with FFVAX — 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 FFVAX.
Best Diversifiers for FFVAX
0 mutual funds have low correlation with FFVAX (below 0.3), 0 of which are negatively correlated. The least correlated is Fidelity Select Semiconductors Portfolio (FSELX) (Semiconductors) with a 1Y correlation of 0.63, roughly unchanged from 0.65 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity Select Semiconductors Portfolio | 0.63 | 0.60 | 0.65 | 97 | Semiconductors, Technology Equities | FFVAX vs FSELX | |
| Fidelity Blue Chip Growth Fund | 0.72 | 0.69 | 0.73 | 75 | Large Cap Growth Equities | FFVAX vs FBGRX | |
| Dimensional 2060 Target Date Retirement Income Fun... | 0.81 | 0.83 | 0.84 | 83 | Target Retirement Date | FFVAX vs DRILX | |
| Dimensional 2065 Target Date Retirement Income Fun... | 0.81 | 0.82 | 0.84 | 83 | Target Retirement Date | FFVAX vs DTDRX | |
| Dimensional 2055 Target Date Retirement Income Fun... | 0.81 | 0.82 | 0.84 | 82 | Target Retirement Date | FFVAX vs DRIKX |
See all 45 diversifiers for FFVAX
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements FFVAX
Add FFVAX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with FFVAX