Looking to diversify beyond FJAJX? The mutual funds below have the lowest correlation with FJAJX — 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 FJAJX.
Best Diversifiers for FJAJX
0 mutual funds have low correlation with FJAJX (below 0.3), 0 of which are negatively correlated. The least correlated is Fidelity Select Semiconductors Portfolio (FSELX) (Semiconductors) with a 1Y correlation of 0.67, 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 | 0.67 | 0.65 | 0.69 | 94 | Semiconductors, Technology Equities | FJAJX vs FSELX | |
| Fidelity Blue Chip Growth Fund | 0.78 | 0.74 | 0.79 | 54 | Large Cap Growth Equities | FJAJX vs FBGRX | |
| Dimensional Retirement Income Fund | 0.84 | 0.89 | 0.87 | 64 | Target Retirement Date | FJAJX vs TDIFX | |
| Voya Target Retirement 2050 Fund | 0.85 | 0.87 | 0.89 | 71 | Target Retirement Date | FJAJX vs IRSQX | |
| Voya Target Retirement 2040 Fund | 0.86 | 0.89 | 0.90 | 75 | Target Retirement Date | FJAJX vs IRSOX |
See all 63 diversifiers for FJAJX
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