Looking to diversify beyond FFVTX? The mutual funds below have the lowest correlation with FFVTX — 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 FFVTX.
Best Diversifiers for FFVTX
0 mutual funds have low correlation with FFVTX (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 0.64 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity Select Semiconductors Portfolio | 0.63 | 0.60 | 0.64 | 96 | Semiconductors, Technology Equities | FFVTX vs FSELX | |
| Fidelity Blue Chip Growth Fund | 0.74 | 0.69 | 0.73 | 73 | Large Cap Growth Equities | FFVTX vs FBGRX | |
| Voya Target Retirement 2040 Fund | 0.83 | 0.84 | 0.86 | 81 | Target Retirement Date | FFVTX vs IRSOX | |
| Dimensional 2060 Target Date Retirement Income Fun... | 0.83 | 0.82 | 0.84 | 81 | Target Retirement Date | FFVTX vs DRILX | |
| Dimensional 2055 Target Date Retirement Income Fun... | 0.84 | 0.82 | 0.84 | 80 | Target Retirement Date | FFVTX vs DRIKX |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements FFVTX
Add FFVTX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with FFVTX