Looking to diversify beyond FGTKX? The mutual funds below have the lowest correlation with FGTKX — 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 FGTKX.
Best Diversifiers for FGTKX
0 mutual funds have low correlation with FGTKX (below 0.3), 0 of which are negatively correlated. The least correlated is Fidelity Select Semiconductors Portfolio (FSELX) (Semiconductors) with a 1Y correlation of 0.71, roughly unchanged from 0.73 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity Select Semiconductors Portfolio | 0.71 | 0.70 | 0.73 | 96 | Semiconductors, Technology Equities | FGTKX vs FSELX | |
| Fidelity Growth Company K6 Fund | 0.82 | 0.80 | 0.83 | 82 | Large Cap Growth Equities | FGTKX vs FGKFX | |
| Dimensional Retirement Income Fund | 0.82 | 0.86 | 0.83 | 77 | Target Retirement Date | FGTKX vs TDIFX | |
| Fidelity Blue Chip Growth Fund | 0.82 | 0.79 | 0.83 | 73 | Large Cap Growth Equities | FGTKX vs FBGRX | |
| Fidelity Capital & Income Fund | 0.83 | 0.84 | 0.84 | 91 | High Yield Bonds | FGTKX vs FAGIX |
See all 69 diversifiers for FGTKX
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