Looking to diversify beyond FJAWX? The mutual funds below have the lowest correlation with FJAWX — 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 FJAWX.
Best Diversifiers for FJAWX
0 mutual funds have low correlation with FJAWX (below 0.3), 0 of which are negatively correlated. The least correlated is Fidelity Select Semiconductors Portfolio (FSELX) (Semiconductors) with a 1Y correlation of 0.59, roughly unchanged from 0.60 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity Select Semiconductors Portfolio | 0.59 | 0.54 | 0.60 | 97 | Semiconductors, Technology Equities | FJAWX vs FSELX | |
| Fidelity Blue Chip Growth Fund | 0.66 | 0.63 | 0.68 | 75 | Large Cap Growth Equities | FJAWX vs FBGRX | |
| Fidelity ZERO Large Cap Index Fund | 0.76 | 0.72 | 0.74 | 71 | Large Cap Blend Equities | FJAWX vs FNILX | |
| Fidelity 500 Index Fund | 0.77 | 0.71 | 0.73 | 73 | S&P 500 | FJAWX vs FXAIX | |
| Fidelity Total Market Index Fund | 0.77 | 0.73 | 0.74 | 71 | Large Cap Blend Equities | FJAWX vs FSKAX |
See all 54 diversifiers for FJAWX
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