Looking to diversify beyond FHFTX? The mutual funds below have the lowest correlation with FHFTX — 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 FHFTX.
Best Diversifiers for FHFTX
0 mutual funds have low correlation with FHFTX (below 0.3), 0 of which are negatively correlated. The least correlated is Dimensional Retirement Income Fund (TDIFX) (Target Retirement Date) with a 1Y correlation of 0.74, roughly unchanged from 0.75 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Dimensional Retirement Income Fund | 0.74 | 0.78 | 0.75 | 83 | Target Retirement Date | FHFTX vs TDIFX | |
| Fidelity Select Semiconductors Portfolio | 0.74 | 0.74 | 0.77 | 97 | Semiconductors, Technology Equities | FHFTX vs FSELX | |
| Prudential Day One Income Fund | 0.81 | 0.82 | 0.83 | 85 | Target Retirement Date | FHFTX vs PDAHX | |
| Fidelity Freedom Index Income Fund Institutional P... | 0.82 | 0.74 | 0.71 | 78 | Target Retirement Date | FHFTX vs FFGZX | |
| Fidelity Freedom Income Fund Class K | 0.82 | 0.76 | 0.73 | 75 | Target Retirement Date | FHFTX vs FNSHX |
See all 60 diversifiers for FHFTX
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