Looking to diversify beyond FJANX? The mutual funds below have the lowest correlation with FJANX — 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 FJANX.
Best Diversifiers for FJANX
0 mutual funds have low correlation with FJANX (below 0.3), 0 of which are negatively correlated. The least correlated is Fidelity Select Semiconductors Portfolio (FSELX) (Semiconductors) with a 1Y correlation of 0.66, 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 | 0.66 | 0.64 | 0.69 | 97 | Semiconductors, Technology Equities | FJANX vs FSELX | |
| Fidelity Blue Chip Growth Fund | 0.75 | 0.73 | 0.78 | 75 | Large Cap Growth Equities | FJANX vs FBGRX | |
| Dimensional Retirement Income Fund | 0.82 | 0.90 | 0.87 | 83 | Target Retirement Date | FJANX vs TDIFX | |
| Dimensional 2060 Target Date Retirement Income Fun... | 0.84 | 0.86 | 0.88 | 83 | Target Retirement Date | FJANX vs DRILX | |
| Dimensional 2065 Target Date Retirement Income Fun... | 0.84 | 0.85 | 0.88 | 83 | Target Retirement Date | FJANX vs DTDRX |
See all 44 diversifiers for FJANX
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