Looking to diversify beyond FITHX? The mutual funds below have the lowest correlation with FITHX — 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 FITHX.
Best Diversifiers for FITHX
0 mutual funds have low correlation with FITHX (below 0.3), 0 of which are negatively correlated. The least correlated is Fidelity Select Semiconductors Portfolio (FSELX) (Semiconductors) with a 1Y correlation of 0.72, roughly unchanged from 0.75 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity Select Semiconductors Portfolio | 0.72 | 0.71 | 0.75 | 97 | Semiconductors, Technology Equities | FITHX vs FSELX | |
| Dimensional Retirement Income Fund | 0.77 | 0.83 | 0.79 | 83 | Target Retirement Date | FITHX vs TDIFX | |
| Fidelity Emerging Markets Index Fund | 0.79 | 0.76 | 0.77 | 90 | Emerging Markets Diversified | FITHX vs FPADX | |
| Fidelity Blue Chip Growth Fund | 0.82 | 0.81 | 0.84 | 75 | Large Cap Growth Equities | FITHX vs FBGRX | |
| Prudential Day One Income Fund | 0.85 | 0.87 | 0.87 | 85 | Target Retirement Date | FITHX vs PDAHX |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements FITHX
Add FITHX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with FITHX