Looking to diversify beyond FJAIX? The mutual funds below have the lowest correlation with FJAIX — 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 FJAIX.
Best Diversifiers for FJAIX
0 mutual funds have low correlation with FJAIX (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 0.69 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity Select Semiconductors Portfolio | 0.68 | 0.64 | 0.69 | 97 | Semiconductors, Technology Equities | FJAIX vs FSELX | |
| Fidelity Blue Chip Growth Fund | 0.75 | 0.74 | 0.78 | 75 | Large Cap Growth Equities | FJAIX vs FBGRX | |
| Dimensional Retirement Income Fund | 0.81 | 0.89 | 0.87 | 83 | Target Retirement Date | FJAIX vs TDIFX | |
| Dimensional 2060 Target Date Retirement Income Fun... | 0.84 | 0.86 | 0.88 | 83 | Target Retirement Date | FJAIX vs DRILX | |
| Dimensional 2065 Target Date Retirement Income Fun... | 0.84 | 0.85 | 0.88 | 83 | Target Retirement Date | FJAIX vs DTDRX |
See all 42 diversifiers for FJAIX
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