Looking to diversify beyond FHBCX? The mutual funds below have the lowest correlation with FHBCX — 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 FHBCX.
Best Diversifiers for FHBCX
0 mutual funds have low correlation with FHBCX (below 0.3), 0 of which are negatively correlated. The least correlated is Fidelity Select Semiconductors Portfolio (FSELX) (Semiconductors) with a 1Y correlation of 0.72, roughly unchanged from 0.76 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity Select Semiconductors Portfolio | 0.72 | 0.72 | 0.76 | 96 | Semiconductors, Technology Equities | FHBCX vs FSELX | |
| Dimensional Retirement Income Fund | 0.81 | 0.84 | 0.79 | 77 | Target Retirement Date | FHBCX vs TDIFX | |
| Fidelity Blue Chip Growth Fund | 0.83 | 0.81 | 0.85 | 73 | Large Cap Growth Equities | FHBCX vs FBGRX | |
| MFS Lifetime 2025 Fund | 0.85 | 0.88 | 0.90 | 61 | Target Retirement Date | FHBCX vs LTTIX | |
| Prudential Day One Income Fund | 0.86 | 0.87 | 0.87 | 79 | Target Retirement Date | FHBCX vs PDAHX |
See all 45 diversifiers for FHBCX
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