PortfoliosLab logoPortfoliosLab logo

Looking to diversify beyond FHNEX? The mutual funds below have the lowest correlation with FHNEX — 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 FHNEX.

Best Diversifiers for FHNEX

0 mutual funds have low correlation with FHNEX (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.


See all 80 diversifiers for FHNEX

To view more results, upgrade your current subscription plan.

Diversification Analysis

Build a portfolio that complements FHNEX

Add FHNEX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.

Analyze a portfolio with FHNEX