Looking to diversify beyond FFWTX? The mutual funds below have the lowest correlation with FFWTX — 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 FFWTX.
Best Diversifiers for FFWTX
0 mutual funds have low correlation with FFWTX (below 0.3), 0 of which are negatively correlated. The least correlated is Fidelity Select Semiconductors Portfolio (FSELX) (Semiconductors) with a 1Y correlation of 0.57, roughly unchanged from 0.59 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity Select Semiconductors Portfolio | 0.57 | 0.54 | 0.59 | 92 | Semiconductors, Technology Equities | FFWTX vs FSELX | |
| Fidelity Blue Chip Growth Fund | 0.68 | 0.64 | 0.69 | 61 | Large Cap Growth Equities | FFWTX vs FBGRX | |
| Fidelity 500 Index Fund | 0.79 | 0.74 | 0.75 | 65 | S&P 500 | FFWTX vs FXAIX | |
| Fidelity ZERO Large Cap Index Fund | 0.80 | 0.75 | 0.75 | 61 | Large Cap Blend Equities | FFWTX vs FNILX | |
| Dimensional 2055 Target Date Retirement Income Fun... | 0.80 | 0.77 | 0.78 | 77 | Target Retirement Date | FFWTX vs DRIKX |
See all 67 diversifiers for FFWTX
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