Looking to diversify beyond FIFNX? The mutual funds below have historically moved differently from FIFNX, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for FIFNX
0 mutual funds have low correlation with FIFNX (below 0.3), 0 of which are negatively correlated. The least correlated is American Growth Fund Series One (AMRGX) (Large Cap Growth Equities) with a 1Y correlation of 0.69, down from 0.81 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| American Growth Fund Series One | 0.69 | 0.76 | 0.81 | 56 | Large Cap Growth Equities | FIFNX vs AMRGX | |
| Fidelity Select Semiconductors Portfolio | 0.70 | 0.77 | 0.81 | 80 | Semiconductors, Technology Equities | FIFNX vs FSELX | |
| Fidelity Advisor Semiconductors Fund Class Z | 0.71 | 0.76 | 0.80 | 82 | Technology Equities | FIFNX vs FIKGX | |
| ICON Equity Fund | 0.72 | 0.68 | 0.78 | 80 | Large Cap Growth Equities | FIFNX vs IOLZX | |
| Adams Diversified Equity Fund, Inc. | 0.72 | 0.79 | 0.85 | 83 | Large Cap Blend Equities | FIFNX vs ADX |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for FIFNX, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is Take-Two Interactive Software, Inc. (TTWO) (Communication Services) with a 1Y correlation of 0.33, down from 0.48 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Take-Two Interactive Software, Inc. | 0.33 | 0.42 | 0.48 | 52 | Communication Services |
Build a portfolio that complements FIFNX
Add FIFNX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with FIFNX