Looking to diversify beyond FHJGX? The mutual funds below have the lowest correlation with FHJGX — 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 FHJGX.
Best Diversifiers for FHJGX
0 mutual funds have low correlation with FHJGX (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 0.75 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity Select Semiconductors Portfolio | 0.72 | 0.71 | 0.75 | 97 | Semiconductors, Technology Equities | FHJGX vs FSELX | |
| Dimensional Retirement Income Fund | 0.78 | 0.83 | 0.79 | 83 | Target Retirement Date | FHJGX vs TDIFX | |
| Fidelity Blue Chip Growth Fund | 0.82 | 0.81 | 0.85 | 75 | Large Cap Growth Equities | FHJGX vs FBGRX | |
| Prudential Day One Income Fund | 0.86 | 0.86 | 0.87 | 85 | Target Retirement Date | FHJGX vs PDAHX | |
| Voya Target In-Retirement Fund | 0.86 | 0.87 | 0.87 | 82 | Target Retirement Date | FHJGX vs ISOLX |
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