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 Fidelity Select Semiconductors Portfolio (FSELX) (Semiconductors) with a 1Y correlation of 0.75, roughly unchanged from 0.77 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity Select Semiconductors Portfolio | 0.75 | 0.74 | 0.77 | 92 | Semiconductors, Technology Equities | FHFTX vs FSELX | |
| Dimensional Retirement Income Fund | 0.78 | 0.79 | 0.75 | 84 | Target Retirement Date | FHFTX vs TDIFX | |
| Fidelity Advisor Managed Retirement 2010 Fund Clas... | 0.81 | 0.77 | 0.77 | 70 | Target Retirement Date | FHFTX vs FRQIX | |
| Fidelity Managed Retirement 2010 Fund Class K6 | 0.81 | 0.77 | 0.78 | 84 | Target Retirement Date | FHFTX vs FRQHX | |
| Fidelity Advisor Managed Retirement Income Fund Cl... | 0.81 | 0.77 | 0.74 | 70 | Target Retirement Date | FHFTX vs FRIMX |
See all 58 diversifiers for FHFTX
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements FHFTX
Add FHFTX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with FHFTX