Looking to diversify beyond FIWFX? The mutual funds below have the lowest correlation with FIWFX — 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 FIWFX.
Best Diversifiers for FIWFX
0 mutual funds have low correlation with FIWFX (below 0.3), 0 of which are negatively correlated. The least correlated is Fidelity Select Semiconductors Portfolio (FSELX) (Semiconductors) with a 1Y correlation of 0.62, roughly unchanged from 0.65 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity Select Semiconductors Portfolio | 0.62 | 0.60 | 0.65 | 96 | Semiconductors, Technology Equities | FIWFX vs FSELX | |
| Fidelity Blue Chip Growth Fund | 0.75 | 0.71 | 0.76 | 73 | Large Cap Growth Equities | FIWFX vs FBGRX | |
| Dimensional 2060 Target Date Retirement Income Fun... | 0.84 | 0.83 | 0.85 | 81 | Target Retirement Date | FIWFX vs DRILX | |
| Dimensional 2065 Target Date Retirement Income Fun... | 0.84 | 0.82 | 0.84 | 81 | Target Retirement Date | FIWFX vs DTDRX | |
| Fidelity ZERO Large Cap Index Fund | 0.86 | 0.81 | 0.83 | 63 | Large Cap Blend Equities | FIWFX vs FNILX |
See all 67 diversifiers for FIWFX
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