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 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 | 94 | Semiconductors, Technology Equities | FHTDX vs FSELX | |
| Dimensional Retirement Income Fund | 0.78 | 0.78 | 0.75 | 64 | Target Retirement Date | FHTDX vs TDIFX | |
| MFS Lifetime 2025 Fund | 0.81 | 0.82 | 0.87 | 66 | Target Retirement Date | FHTDX vs LTTIX | |
| Prudential Day One Income Fund | 0.82 | 0.81 | 0.83 | 72 | Target Retirement Date | FHTDX vs PDAHX | |
| Fidelity Advisor Managed Retirement Income Fund Cl... | 0.83 | 0.77 | 0.75 | 64 | Target Retirement Date | FHTDX vs FRIMX |
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