Looking to diversify beyond FIIMX? The mutual funds below have the lowest correlation with FIIMX — 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 FIIMX.
Best Diversifiers for FIIMX
0 mutual funds have low correlation with FIIMX (below 0.3), 0 of which are negatively correlated. The least correlated is Fidelity Select Semiconductors Portfolio (FSELX) (Semiconductors) with a 1Y correlation of 0.68, roughly unchanged from 0.71 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity Select Semiconductors Portfolio | 0.68 | 0.67 | 0.71 | 96 | Semiconductors, Technology Equities | FIIMX vs FSELX | |
| Fidelity Blue Chip Growth Fund | 0.69 | 0.69 | 0.77 | 68 | Large Cap Growth Equities | FIIMX vs FBGRX | |
| 13D Activist Fund | 0.69 | 0.79 | 0.85 | 69 | Mid Cap Blend Equities | FIIMX vs DDDIX | |
| Natixis Funds Trust II Vaughan Nelson Mid Cap Fund | 0.71 | 0.75 | 0.84 | 80 | Mid Cap Blend Equities | FIIMX vs VNVYX | |
| John Hancock Variable Insurance Trust Mid Cap Inde... | 0.72 | 0.83 | 0.90 | 69 | Mid Cap Blend Equities | FIIMX vs JECIX |
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