Looking to diversify beyond FJADX? The mutual funds below have the lowest correlation with FJADX — 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 FJADX.
Best Diversifiers for FJADX
0 mutual funds have low correlation with FJADX (below 0.3), 0 of which are negatively correlated. The least correlated is Fidelity Select Semiconductors Portfolio (FSELX) (Semiconductors) with a 1Y correlation of 0.69, 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 | 0.69 | 0.67 | 0.71 | 97 | Semiconductors, Technology Equities | FJADX vs FSELX | |
| Fidelity Blue Chip Growth Fund | 0.77 | 0.76 | 0.81 | 75 | Large Cap Growth Equities | FJADX vs FBGRX | |
| Dimensional Retirement Income Fund | 0.81 | 0.88 | 0.85 | 83 | Target Retirement Date | FJADX vs TDIFX | |
| Dimensional 2060 Target Date Retirement Income Fun... | 0.86 | 0.89 | 0.91 | 83 | Target Retirement Date | FJADX vs DRILX | |
| Dimensional 2065 Target Date Retirement Income Fun... | 0.86 | 0.88 | 0.90 | 83 | Target Retirement Date | FJADX vs DTDRX |
See all 44 diversifiers for FJADX
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