Looking to diversify beyond FJATX? The mutual funds below have the lowest correlation with FJATX — 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 FJATX.
Best Diversifiers for FJATX
0 mutual funds have low correlation with FJATX (below 0.3), 0 of which are negatively correlated. The least correlated is Fidelity Select Semiconductors Portfolio (FSELX) (Semiconductors) with a 1Y correlation of 0.64, 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 | 0.64 | 0.61 | 0.65 | 97 | Semiconductors, Technology Equities | FJATX vs FSELX | |
| Fidelity Blue Chip Growth Fund | 0.72 | 0.70 | 0.74 | 75 | Large Cap Growth Equities | FJATX vs FBGRX | |
| Dimensional 2060 Target Date Retirement Income Fun... | 0.81 | 0.83 | 0.84 | 83 | Target Retirement Date | FJATX vs DRILX | |
| Dimensional 2065 Target Date Retirement Income Fun... | 0.82 | 0.82 | 0.84 | 83 | Target Retirement Date | FJATX vs DTDRX | |
| Dimensional 2055 Target Date Retirement Income Fun... | 0.82 | 0.82 | 0.84 | 82 | Target Retirement Date | FJATX vs DRIKX |
See all 46 diversifiers for FJATX
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