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 | 0.72 | 0.76 | 96 | Semiconductors, Technology Equities | FIJPX vs FSELX | |
| Dimensional Retirement Income Fund | 0.76 | 0.79 | 0.76 | 77 | Target Retirement Date | FIJPX vs TDIFX | |
| Prudential Day One Income Fund | 0.83 | 0.83 | 0.84 | 79 | Target Retirement Date | FIJPX vs PDAHX | |
| Voya Target In-Retirement Fund | 0.84 | 0.84 | 0.83 | 79 | Target Retirement Date | FIJPX vs ISOLX | |
| Fidelity Blue Chip Growth Fund | 0.84 | 0.82 | 0.85 | 73 | Large Cap Growth Equities | FIJPX vs FBGRX |
See all 46 diversifiers for FIJPX
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