Looking to diversify beyond FHAKX? The mutual funds below have the lowest correlation with FHAKX — 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 FHAKX.
Best Diversifiers for FHAKX
0 mutual funds have low correlation with FHAKX (below 0.3), 0 of which are negatively correlated. The least correlated is Fidelity Select Semiconductors Portfolio (FSELX) (Semiconductors) with a 1Y correlation of 0.58, 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 | 0.58 | 0.49 | 0.50 | 96 | Semiconductors, Technology Equities | FHAKX vs FSELX | |
| Fidelity Blue Chip Growth Fund | 0.67 | 0.56 | 0.57 | 73 | Large Cap Growth Equities | FHAKX vs FBGRX | |
| Fidelity ZERO Large Cap Index Fund | 0.75 | 0.64 | 0.62 | 63 | Large Cap Blend Equities | FHAKX vs FNILX | |
| Fidelity 500 Index Fund | 0.76 | 0.64 | 0.61 | 66 | S&P 500 | FHAKX vs FXAIX | |
| Fidelity Total Market Index Fund | 0.77 | 0.65 | 0.62 | 65 | Large Cap Blend Equities | FHAKX vs FSKAX |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements FHAKX
Add FHAKX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with FHAKX