Looking to diversify beyond FHTDX? The mutual funds below have the lowest correlation with FHTDX — 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 FHTDX.
Best Diversifiers for FHTDX
0 mutual funds have low correlation with FHTDX (below 0.3), 0 of which are negatively correlated. The least correlated is Dimensional Retirement Income Fund (TDIFX) (Target Retirement Date) with a 1Y correlation of 0.74, roughly unchanged from 0.75 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Dimensional Retirement Income Fund | 0.74 | 0.78 | 0.75 | 81 | Target Retirement Date | FHTDX vs TDIFX | |
| Fidelity Select Semiconductors Portfolio | 0.75 | 0.74 | 0.77 | 97 | Semiconductors, Technology Equities | FHTDX vs FSELX | |
| Prudential Day One Income Fund | 0.81 | 0.81 | 0.83 | 83 | Target Retirement Date | FHTDX vs PDAHX | |
| Fidelity Freedom Index Income Fund Institutional P... | 0.83 | 0.75 | 0.71 | 74 | Target Retirement Date | FHTDX vs FFGZX | |
| Fidelity Freedom Index Income Fund Investor Class | 0.83 | 0.75 | 0.71 | 73 | Target Retirement Date | FHTDX vs FIKFX |
See all 64 diversifiers for FHTDX
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