Looking to diversify beyond FHAJX? The mutual funds below have the lowest correlation with FHAJX — 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 FHAJX.
Best Diversifiers for FHAJX
0 mutual funds have low correlation with FHAJX (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 0.50 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity Select Semiconductors Portfolio | 0.57 | 0.48 | 0.50 | 97 | Semiconductors, Technology Equities | FHAJX vs FSELX | |
| Fidelity Blue Chip Growth Fund | 0.64 | 0.55 | 0.57 | 75 | Large Cap Growth Equities | FHAJX vs FBGRX | |
| Voya Target Retirement 2050 Fund | 0.74 | 0.69 | 0.67 | 81 | Target Retirement Date | FHAJX vs IRSQX | |
| Fidelity 500 Index Fund | 0.74 | 0.63 | 0.62 | 73 | S&P 500 | FHAJX vs FXAIX | |
| Fidelity ZERO Large Cap Index Fund | 0.74 | 0.64 | 0.62 | 71 | Large Cap Blend Equities | FHAJX vs FNILX |
See all 46 diversifiers for FHAJX
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