Looking to diversify beyond FIJDX? The mutual funds below have the lowest correlation with FIJDX — 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 FIJDX.
Best Diversifiers for FIJDX
1 mutual funds have low correlation with FIJDX (below 0.3), 0 of which are negatively correlated. The least correlated is Fidelity Select Semiconductors Portfolio (FSELX) (Semiconductors) with a 1Y correlation of 0.30, roughly unchanged from 0.25 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity Select Semiconductors Portfolio | 0.30 | 0.25 | 0.25 | 96 | Semiconductors, Technology Equities | FIJDX vs FSELX | |
| Fidelity Blue Chip Growth Fund | 0.33 | 0.25 | 0.25 | 73 | Large Cap Growth Equities | FIJDX vs FBGRX | |
| Fidelity 500 Index Fund | 0.38 | 0.30 | 0.30 | 66 | S&P 500 | FIJDX vs FXAIX | |
| Fidelity Total Market Index Fund | 0.39 | 0.31 | 0.31 | 65 | Large Cap Blend Equities | FIJDX vs FSKAX | |
| Fidelity ZERO Total Market Index Fund | 0.39 | 0.31 | 0.31 | 66 | Large Cap Blend Equities | FIJDX vs FZROX |
See all 7 diversifiers for FIJDX
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