Looking to diversify beyond FITWX? The mutual funds below have the lowest correlation with FITWX — 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 FITWX.
Best Diversifiers for FITWX
0 mutual funds have low correlation with FITWX (below 0.3), 0 of which are negatively correlated. The least correlated is Fidelity Select Semiconductors Portfolio (FSELX) (Semiconductors) with a 1Y correlation of 0.68, roughly unchanged from 0.71 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity Select Semiconductors Portfolio | 0.68 | 0.66 | 0.71 | 96 | Semiconductors, Technology Equities | FITWX vs FSELX | |
| Fidelity Blue Chip Growth Fund | 0.79 | 0.76 | 0.80 | 73 | Large Cap Growth Equities | FITWX vs FBGRX | |
| Dimensional Retirement Income Fund | 0.83 | 0.88 | 0.85 | 77 | Target Retirement Date | FITWX vs TDIFX | |
| Dimensional 2065 Target Date Retirement Income Fun... | 0.86 | 0.88 | 0.90 | 81 | Target Retirement Date | FITWX vs DTDRX | |
| Voya Target Retirement 2050 Fund | 0.86 | 0.89 | 0.91 | 80 | Target Retirement Date | FITWX vs IRSQX |
See all 61 diversifiers for FITWX
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