Looking to diversify beyond FIJBX? The mutual funds below have the lowest correlation with FIJBX — 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 FIJBX.
Best Diversifiers for FIJBX
18 mutual funds have low correlation with FIJBX (below 0.3), 1 of which are negatively correlated. The least correlated is DFA California Municipal Real Return Portfolio (DCARX) (Municipal Bonds) with a 1Y correlation of -0.02, down from 0.21 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| DFA California Municipal Real Return Portfolio | -0.02 | 0.19 | 0.21 | 96 | Municipal Bonds | FIJBX vs DCARX | |
| DFA Municipal Real Return Portfolio | 0.00 | 0.21 | 0.22 | 95 | Municipal Bonds | FIJBX vs DMREX | |
| Fidelity Select Semiconductors Portfolio | 0.07 | 0.05 | 0.07 | 97 | Semiconductors, Technology Equities | FIJBX vs FSELX | |
| Fidelity Blue Chip Growth Fund | 0.13 | 0.10 | 0.10 | 75 | Large Cap Growth Equities | FIJBX vs FBGRX | |
| DFA NY Municipal Bond Portfolio | 0.15 | 0.29 | 0.40 | 99 | Municipal Bonds | FIJBX vs DNYMX |
See all 25 diversifiers for FIJBX
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