Looking to diversify beyond FIFFX? The mutual funds below have the lowest correlation with FIFFX — 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 FIFFX.
Best Diversifiers for FIFFX
0 mutual funds have low correlation with FIFFX (below 0.3), 0 of which are negatively correlated. The least correlated is Fidelity Select Semiconductors Portfolio (FSELX) (Semiconductors) with a 1Y correlation of 0.74, roughly unchanged from 0.76 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity Select Semiconductors Portfolio | 0.74 | 0.74 | 0.76 | 97 | Semiconductors, Technology Equities | FIFFX vs FSELX | |
| Dimensional Retirement Income Fund | 0.75 | 0.80 | 0.76 | 81 | Target Retirement Date | FIFFX vs TDIFX | |
| Prudential Day One Income Fund | 0.82 | 0.83 | 0.84 | 83 | Target Retirement Date | FIFFX vs PDAHX | |
| Fidelity Blue Chip Growth Fund | 0.84 | 0.83 | 0.86 | 71 | Large Cap Growth Equities | FIFFX vs FBGRX | |
| Fidelity Freedom Index Income Fund Institutional P... | 0.84 | 0.77 | 0.72 | 74 | Target Retirement Date | FIFFX vs FFGZX |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements FIFFX
Add FIFFX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with FIFFX