Looking to diversify beyond FIJNX? The mutual funds below have the lowest correlation with FIJNX — 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 FIJNX.
Best Diversifiers for FIJNX
0 mutual funds have low correlation with FIJNX (below 0.3), 0 of which are negatively correlated. The least correlated is Fidelity Select Semiconductors Portfolio (FSELX) (Semiconductors) with a 1Y correlation of 0.71, roughly unchanged from 0.73 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity Select Semiconductors Portfolio | 0.71 | 0.69 | 0.73 | 97 | Semiconductors, Technology Equities | FIJNX vs FSELX | |
| Dimensional Retirement Income Fund | 0.79 | 0.85 | 0.82 | 85 | Target Retirement Date | FIJNX vs TDIFX | |
| Fidelity Blue Chip Growth Fund | 0.81 | 0.78 | 0.82 | 75 | Large Cap Growth Equities | FIJNX vs FBGRX | |
| Voya Target In-Retirement Fund | 0.86 | 0.89 | 0.89 | 84 | Target Retirement Date | FIJNX vs ISOLX | |
| Dimensional 2060 Target Date Retirement Income Fun... | 0.87 | 0.90 | 0.93 | 86 | Target Retirement Date | FIJNX vs DRILX |
See all 43 diversifiers for FIJNX
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