Looking to diversify beyond FIONX? The mutual funds below have the lowest correlation with FIONX — 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 FIONX.
Best Diversifiers for FIONX
0 mutual funds have low correlation with FIONX (below 0.3), 0 of which are negatively correlated. The least correlated is Fidelity Select Semiconductors Portfolio (FSELX) (Semiconductors) with a 1Y correlation of 0.57, roughly unchanged from 0.60 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity Select Semiconductors Portfolio | 0.57 | 0.55 | 0.60 | 96 | Semiconductors, Technology Equities | FIONX vs FSELX | |
| Kopernik International Fund | 0.59 | 0.52 | 0.62 | 54 | Foreign Large Cap Equities | FIONX vs KGIIX | |
| Thornburg Global Opportunities Fund | 0.62 | 0.72 | 0.79 | 91 | Foreign Large Cap Equities | FIONX vs THOIX | |
| PIMCO RAE PLUS International Fund | 0.63 | 0.67 | 0.69 | 75 | Foreign Large Cap Equities | FIONX vs PTSIX | |
| Fidelity Blue Chip Growth Fund | 0.64 | 0.60 | 0.66 | 73 | Large Cap Growth Equities | FIONX vs FBGRX |
See all 25 diversifiers for FIONX
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