Looking to diversify beyond FIJLX? The mutual funds below have the lowest correlation with FIJLX — 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 FIJLX.
Best Diversifiers for FIJLX
0 mutual funds have low correlation with FIJLX (below 0.3), 0 of which are negatively correlated. The least correlated is Fidelity Select Semiconductors Portfolio (FSELX) (Semiconductors) with a 1Y correlation of 0.66, roughly unchanged from 0.68 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity Select Semiconductors Portfolio | 0.66 | 0.63 | 0.68 | 96 | Semiconductors, Technology Equities | FIJLX vs FSELX | |
| Fidelity Blue Chip Growth Fund | 0.78 | 0.73 | 0.77 | 68 | Large Cap Growth Equities | FIJLX vs FBGRX | |
| Dimensional Retirement Income Fund | 0.83 | 0.89 | 0.86 | 77 | Target Retirement Date | FIJLX vs TDIFX | |
| Dimensional 2060 Target Date Retirement Income Fun... | 0.86 | 0.86 | 0.88 | 81 | Target Retirement Date | FIJLX vs DRILX | |
| Voya Target Retirement 2040 Fund | 0.86 | 0.88 | 0.90 | 81 | Target Retirement Date | FIJLX vs IRSOX |
See all 54 diversifiers for FIJLX
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