Looking to diversify beyond FJAQX? The mutual funds below have the lowest correlation with FJAQX — 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 FJAQX.
Best Diversifiers for FJAQX
0 mutual funds have low correlation with FJAQX (below 0.3), 0 of which are negatively correlated. The least correlated is Fidelity Select Semiconductors Portfolio (FSELX) (Semiconductors) with a 1Y correlation of 0.63, roughly unchanged from 0.65 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity Select Semiconductors Portfolio | 0.63 | 0.60 | 0.65 | 97 | Semiconductors, Technology Equities | FJAQX vs FSELX | |
| Fidelity Blue Chip Growth Fund | 0.71 | 0.69 | 0.74 | 75 | Large Cap Growth Equities | FJAQX vs FBGRX | |
| Dimensional 2060 Target Date Retirement Income Fun... | 0.81 | 0.82 | 0.84 | 83 | Target Retirement Date | FJAQX vs DRILX | |
| Dimensional 2065 Target Date Retirement Income Fun... | 0.81 | 0.82 | 0.84 | 83 | Target Retirement Date | FJAQX vs DTDRX | |
| Dimensional 2055 Target Date Retirement Income Fun... | 0.82 | 0.82 | 0.84 | 82 | Target Retirement Date | FJAQX vs DRIKX |
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