Looking to diversify beyond FJASX? The mutual funds below have the lowest correlation with FJASX — 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 FJASX.
Best Diversifiers for FJASX
0 mutual funds have low correlation with FJASX (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 | 0.61 | 0.65 | 97 | Semiconductors, Technology Equities | FJASX vs FSELX | |
| Fidelity Blue Chip Growth Fund | 0.71 | 0.69 | 0.74 | 75 | Large Cap Growth Equities | FJASX vs FBGRX | |
| Fidelity 500 Index Fund | 0.81 | 0.78 | 0.80 | 73 | S&P 500 | FJASX vs FXAIX | |
| Fidelity ZERO Large Cap Index Fund | 0.81 | 0.79 | 0.80 | 71 | Large Cap Blend Equities | FJASX vs FNILX | |
| Dimensional 2060 Target Date Retirement Income Fun... | 0.81 | 0.83 | 0.84 | 83 | Target Retirement Date | FJASX vs DRILX |
See all 45 diversifiers for FJASX
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