Looking to diversify beyond FIRTX? The mutual funds below have the lowest correlation with FIRTX — 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 FIRTX.
Best Diversifiers for FIRTX
2 mutual funds have low correlation with FIRTX (below 0.3), 2 of which are negatively correlated. The least correlated is TIAA Real Estate Account (QREARX) (REIT) with a 1Y correlation of -0.19, roughly unchanged from -0.13 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| TIAA Real Estate Account | -0.19 | -0.13 | -0.13 | 98 | REIT | FIRTX vs QREARX | |
| Redwood Real Estate Income Fund | -0.05 | -0.05 | -0.05 | 100 | REIT | FIRTX vs CREMX | |
| Fidelity Select Semiconductors Portfolio | 0.30 | 0.33 | 0.43 | 97 | Semiconductors, Technology Equities | FIRTX vs FSELX | |
| Fidelity Blue Chip Growth Fund | 0.40 | 0.39 | 0.49 | 75 | Large Cap Growth Equities | FIRTX vs FBGRX | |
| Fidelity ZERO Large Cap Index Fund | 0.49 | 0.46 | 0.54 | 71 | Large Cap Blend Equities | FIRTX vs FNILX |
See all 10 diversifiers for FIRTX
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