Looking to diversify beyond FIKUX? The mutual funds below have the lowest correlation with FIKUX — 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 FIKUX.
Best Diversifiers for FIKUX
7 mutual funds have low correlation with FIKUX (below 0.3), 0 of which are negatively correlated. The least correlated is Fidelity Select Semiconductors Portfolio (FSELX) (Semiconductors) with a 1Y correlation of 0.11, roughly unchanged from 0.10 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity Select Semiconductors Portfolio | 0.11 | 0.08 | 0.10 | 96 | Semiconductors, Technology Equities | FIKUX vs FSELX | |
| JPMorgan Strategic Income Opportunities Fund Class... | 0.20 | -0.23 | -0.28 | 99 | Total Bond Market | FIKUX vs JSOSX | |
| Fidelity Blue Chip Growth Fund | 0.20 | 0.13 | 0.14 | 73 | Large Cap Growth Equities | FIKUX vs FBGRX | |
| Fidelity ZERO Large Cap Index Fund | 0.29 | 0.22 | 0.19 | 63 | Large Cap Blend Equities | FIKUX vs FNILX | |
| Fidelity 500 Index Fund | 0.29 | 0.21 | 0.18 | 66 | S&P 500 | FIKUX vs FXAIX |
See all 23 diversifiers for FIKUX
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