Looking to diversify beyond FJABX? The mutual funds below have the lowest correlation with FJABX — 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 FJABX.
Best Diversifiers for FJABX
0 mutual funds have low correlation with FJABX (below 0.3), 0 of which are negatively correlated. The least correlated is Fidelity Select Semiconductors Portfolio (FSELX) (Semiconductors) with a 1Y correlation of 0.70, 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 | 0.70 | 0.67 | 0.71 | 97 | Semiconductors, Technology Equities | FJABX vs FSELX | |
| Fidelity Blue Chip Growth Fund | 0.78 | 0.76 | 0.80 | 75 | Large Cap Growth Equities | FJABX vs FBGRX | |
| Dimensional Retirement Income Fund | 0.81 | 0.89 | 0.85 | 83 | Target Retirement Date | FJABX vs TDIFX | |
| Dimensional 2060 Target Date Retirement Income Fun... | 0.86 | 0.89 | 0.91 | 83 | Target Retirement Date | FJABX vs DRILX | |
| Dimensional 2065 Target Date Retirement Income Fun... | 0.86 | 0.88 | 0.90 | 83 | Target Retirement Date | FJABX vs DTDRX |
See all 46 diversifiers for FJABX
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