Looking to diversify beyond FHREX? The mutual funds below have the lowest correlation with FHREX — 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 FHREX.
Best Diversifiers for FHREX
0 mutual funds have low correlation with FHREX (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 | 96 | Semiconductors, Technology Equities | FHREX vs FSELX | |
| Dimensional Retirement Income Fund | 0.75 | 0.78 | 0.75 | 70 | Target Retirement Date | FHREX vs TDIFX | |
| MFS Lifetime 2025 Fund | 0.82 | 0.83 | 0.87 | 61 | Target Retirement Date | FHREX vs LTTIX | |
| Prudential Day One Income Fund | 0.82 | 0.82 | 0.83 | 78 | Target Retirement Date | FHREX vs PDAHX | |
| Fidelity Advisor Managed Retirement 2010 Fund Clas... | 0.84 | 0.79 | 0.78 | 61 | Target Retirement Date | FHREX vs FRQAX |
See all 44 diversifiers for FHREX
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements FHREX
Add FHREX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with FHREX