Looking to diversify beyond FIRIX? The mutual funds below have the lowest correlation with FIRIX — 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 FIRIX.
Best Diversifiers for FIRIX
3 mutual funds have low correlation with FIRIX (below 0.3), 2 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| TIAA Real Estate Account | -0.21 | — | — | 98 | REIT | FIRIX vs QREARX | |
| Redwood Real Estate Income Fund | -0.03 | — | — | 100 | REIT | FIRIX vs CREMX | |
| Fidelity Select Semiconductors Portfolio | 0.25 | 0.32 | 0.42 | 96 | Semiconductors, Technology Equities | FIRIX vs FSELX | |
| Fidelity Blue Chip Growth Fund | 0.38 | 0.38 | 0.48 | 73 | Large Cap Growth Equities | FIRIX vs FBGRX | |
| Fidelity Series Real Estate Income Fund | 0.49 | 0.49 | 0.56 | 89 | REIT | FIRIX vs FSREX |
See all 10 diversifiers for FIRIX
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Diversification Analysis
Build a portfolio that complements FIRIX
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