Looking to diversify beyond FHALX? The mutual funds below have the lowest correlation with FHALX — 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 FHALX.
Best Diversifiers for FHALX
0 mutual funds have low correlation with FHALX (below 0.3), 0 of which are negatively correlated. The least correlated is Fidelity Select Semiconductors Portfolio (FSELX) (Semiconductors) with a 1Y correlation of 0.59, 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 | 0.59 | 0.49 | 0.50 | 96 | Semiconductors, Technology Equities | FHALX vs FSELX | |
| Fidelity Blue Chip Growth Fund | 0.68 | 0.57 | 0.58 | 73 | Large Cap Growth Equities | FHALX vs FBGRX | |
| Dimensional 2065 Target Date Retirement Income Fun... | 0.77 | 0.69 | 0.66 | 81 | Target Retirement Date | FHALX vs DTDRX | |
| Fidelity ZERO Large Cap Index Fund | 0.78 | 0.65 | 0.63 | 63 | Large Cap Blend Equities | FHALX vs FNILX | |
| Fidelity Total Market Index Fund | 0.78 | 0.66 | 0.63 | 65 | Large Cap Blend Equities | FHALX vs FSKAX |
See all 60 diversifiers for FHALX
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