Looking to diversify beyond FHAYX? The mutual funds below have the lowest correlation with FHAYX — 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 FHAYX.
Best Diversifiers for FHAYX
0 mutual funds have low correlation with FHAYX (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 0.60 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity Select Semiconductors Portfolio | 0.58 | 0.55 | 0.60 | 97 | Semiconductors, Technology Equities | FHAYX vs FSELX | |
| Fidelity Blue Chip Growth Fund | 0.67 | 0.63 | 0.68 | 75 | Large Cap Growth Equities | FHAYX vs FBGRX | |
| Fidelity 500 Index Fund | 0.77 | 0.72 | 0.73 | 73 | S&P 500 | FHAYX vs FXAIX | |
| Fidelity ZERO Large Cap Index Fund | 0.77 | 0.72 | 0.74 | 71 | Large Cap Blend Equities | FHAYX vs FNILX | |
| Dimensional 2060 Target Date Retirement Income Fun... | 0.77 | 0.76 | 0.78 | 83 | Target Retirement Date | FHAYX vs DRILX |
See all 67 diversifiers for FHAYX
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