Looking to diversify beyond FIQJX? The mutual funds below have the lowest correlation with FIQJX — 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 FIQJX.
Best Diversifiers for FIQJX
0 mutual funds have low correlation with FIQJX (below 0.3), 0 of which are negatively correlated. The least correlated is Fidelity Select Semiconductors Portfolio (FSELX) (Semiconductors) with a 1Y correlation of 0.55, roughly unchanged from 0.59 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity Select Semiconductors Portfolio | 0.55 | 0.52 | 0.59 | 96 | Semiconductors, Technology Equities | FIQJX vs FSELX | |
| Fidelity Blue Chip Growth Fund | 0.62 | 0.57 | 0.64 | 73 | Large Cap Growth Equities | FIQJX vs FBGRX | |
| Hood River International Opportunity Fund | 0.65 | 0.67 | 0.74 | 95 | Foreign Small & Mid Cap Equities | FIQJX vs HRIOX | |
| Hood River International Opportunity Fund Investor... | 0.66 | 0.66 | 0.66 | 95 | Foreign Small & Mid Cap Equities | FIQJX vs HRIIX | |
| Fidelity ZERO Large Cap Index Fund | 0.71 | 0.64 | 0.69 | 63 | Large Cap Blend Equities | FIQJX vs FNILX |
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