Looking to diversify beyond FJAYX? The mutual funds below have the lowest correlation with FJAYX — 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 FJAYX.
Best Diversifiers for FJAYX
0 mutual funds have low correlation with FJAYX (below 0.3), 0 of which are negatively correlated. The least correlated is Fidelity Select Semiconductors Portfolio (FSELX) (Semiconductors) with a 1Y correlation of 0.61, roughly unchanged from 0.59 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity Select Semiconductors Portfolio | 0.61 | 0.55 | 0.59 | 96 | Semiconductors, Technology Equities | FJAYX vs FSELX | |
| Fidelity Blue Chip Growth Fund | 0.68 | 0.63 | 0.68 | 73 | Large Cap Growth Equities | FJAYX vs FBGRX | |
| Fidelity ZERO Large Cap Index Fund | 0.78 | 0.72 | 0.73 | 63 | Large Cap Blend Equities | FJAYX vs FNILX | |
| Fidelity 500 Index Fund | 0.79 | 0.71 | 0.73 | 66 | S&P 500 | FJAYX vs FXAIX | |
| Voya Target Retirement 2040 Fund | 0.79 | 0.80 | 0.80 | 81 | Target Retirement Date | FJAYX vs IRSOX |
See all 46 diversifiers for FJAYX
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements FJAYX
Add FJAYX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with FJAYX