Looking to diversify beyond FHAHX? The mutual funds below have historically moved differently from FHAHX, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for FHAHX
0 mutual funds have low correlation with FHAHX (below 0.3), 0 of which are negatively correlated. The least correlated is Fidelity Select Semiconductors Portfolio (FSELX) (Semiconductors) with a 1Y correlation of 0.64, up from 0.51 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity Select Semiconductors Portfolio | 0.64 | 0.50 | 0.51 | 82 | Semiconductors, Technology Equities | FHAHX vs FSELX | |
| Fidelity 500 Index Fund | 0.78 | 0.65 | 0.63 | 75 | S&P 500 | FHAHX vs FXAIX | |
| Fidelity ZERO Large Cap Index Fund | 0.78 | 0.66 | 0.63 | 72 | Large Cap Blend Equities | FHAHX vs FNILX | |
| Fidelity ZERO Total Market Index Fund | 0.80 | 0.67 | 0.64 | 76 | Large Cap Blend Equities | FHAHX vs FZROX | |
| Fidelity Total Market Index Fund | 0.80 | 0.67 | 0.64 | 75 | Large Cap Blend Equities | FHAHX vs FSKAX |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements FHAHX
Add FHAHX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with FHAHX