Looking to diversify beyond FJAGX? The mutual funds below have the lowest correlation with FJAGX — 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 FJAGX.
Best Diversifiers for FJAGX
0 mutual funds have low correlation with FJAGX (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 0.72 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity Select Semiconductors Portfolio | 0.69 | 0.68 | 0.72 | 96 | Semiconductors, Technology Equities | FJAGX vs FSELX | |
| Fidelity Blue Chip Growth Fund | 0.74 | 0.72 | 0.76 | 73 | Large Cap Growth Equities | FJAGX vs FBGRX | |
| Dimensional Retirement Income Fund | 0.84 | 0.88 | 0.85 | 77 | Target Retirement Date | FJAGX vs TDIFX | |
| Voya Target In-Retirement Fund | 0.87 | 0.92 | 0.91 | 79 | Target Retirement Date | FJAGX vs ISOLX | |
| Dimensional 2065 Target Date Retirement Income Fun... | 0.87 | 0.88 | 0.90 | 81 | Target Retirement Date | FJAGX vs DTDRX |
See all 43 diversifiers for FJAGX
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