Looking to diversify beyond FIJPX? The mutual funds below have the lowest correlation with FIJPX — 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 FIJPX.
Best Diversifiers for FIJPX
0 mutual funds have low correlation with FIJPX (below 0.3), 0 of which are negatively correlated. The least correlated is Fidelity Select Semiconductors Portfolio (FSELX) (Semiconductors) with a 1Y correlation of 0.74, roughly unchanged from 0.76 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity Select Semiconductors Portfolio | 0.74 | 0.73 | 0.76 | 92 | Semiconductors, Technology Equities | FIJPX vs FSELX | |
| Dimensional Retirement Income Fund | 0.80 | 0.80 | 0.76 | 83 | Target Retirement Date | FIJPX vs TDIFX | |
| Fidelity Advisor Managed Retirement 2010 Fund Clas... | 0.82 | 0.79 | 0.79 | 70 | Target Retirement Date | FIJPX vs FRQIX | |
| Fidelity Advisor Managed Retirement Income Fund Cl... | 0.82 | 0.78 | 0.75 | 70 | Target Retirement Date | FIJPX vs FRIMX | |
| Fidelity Advisor Managed Retirement 2010 Fund Clas... | 0.82 | 0.79 | 0.79 | 67 | Target Retirement Date | FIJPX vs FRQAX |
See all 45 diversifiers for FIJPX
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements FIJPX
Add FIJPX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with FIJPX