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 13D Activist Fund (DDDIX) (Mid Cap Blend Equities) with a 1Y correlation of 0.68, down from 0.85 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| 13D Activist Fund | 0.68 | 0.79 | 0.85 | 78 | Mid Cap Blend Equities | FIIMX vs DDDIX | |
| Fidelity Blue Chip Growth Fund | 0.69 | 0.70 | 0.77 | 61 | Large Cap Growth Equities | FIIMX vs FBGRX | |
| Fidelity Select Semiconductors Portfolio | 0.69 | 0.67 | 0.72 | 92 | Semiconductors, Technology Equities | FIIMX vs FSELX | |
| Gabelli Value 25 Fund | 0.69 | 0.77 | 0.84 | 70 | Mid Cap Blend Equities | FIIMX vs GABVX | |
| Federated Hermes Mid Cap Index Fund | 0.73 | 0.82 | 0.90 | 55 | Mid Cap Blend Equities | FIIMX vs FMDCX |
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