Looking to diversify beyond FIKMX? The mutual funds below have the lowest correlation with FIKMX — 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 FIKMX.
Best Diversifiers for FIKMX
4 mutual funds have low correlation with FIKMX (below 0.3), 1 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| TIAA Real Estate Account | -0.27 | — | — | 98 | REIT | FIKMX vs QREARX | |
| Redwood Real Estate Income Fund | 0.01 | — | — | 100 | REIT | FIKMX vs CREMX | |
| Fidelity Select Semiconductors Portfolio | 0.16 | 0.20 | 0.36 | 97 | Semiconductors, Technology Equities | FIKMX vs FSELX | |
| Fidelity Blue Chip Growth Fund | 0.17 | 0.25 | 0.44 | 75 | Large Cap Growth Equities | FIKMX vs FBGRX | |
| Fidelity ZERO Large Cap Index Fund | 0.35 | 0.43 | 0.58 | 71 | Large Cap Blend Equities | FIKMX vs FNILX |
See all 10 diversifiers for FIKMX
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