Looking to diversify beyond FHJTX? The mutual funds below have the lowest correlation with FHJTX — 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 FHJTX.
Best Diversifiers for FHJTX
0 mutual funds have low correlation with FHJTX (below 0.3), 0 of which are negatively correlated. The least correlated is Fidelity Select Semiconductors Portfolio (FSELX) (Semiconductors) with a 1Y correlation of 0.61, roughly unchanged from 0.57 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity Select Semiconductors Portfolio | 0.61 | 0.54 | 0.57 | 97 | Semiconductors, Technology Equities | FHJTX vs FSELX | |
| DoubleLine Shiller Enhanced International CAPE | 0.67 | 0.74 | 0.80 | 58 | Europe Equities | FHJTX vs DSEUX | |
| Fidelity Blue Chip Growth Fund | 0.68 | 0.60 | 0.64 | 75 | Large Cap Growth Equities | FHJTX vs FBGRX | |
| Fidelity ZERO Large Cap Index Fund | 0.75 | 0.67 | 0.70 | 71 | Large Cap Blend Equities | FHJTX vs FNILX | |
| Fidelity Total Market Index Fund | 0.76 | 0.68 | 0.71 | 71 | Large Cap Blend Equities | FHJTX vs FSKAX |
See all 9 diversifiers for FHJTX
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