Looking to diversify beyond FJEFX? The mutual funds below have the lowest correlation with FJEFX — 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 FJEFX.
Best Diversifiers for FJEFX
0 mutual funds have low correlation with FJEFX (below 0.3), 0 of which are negatively correlated. The least correlated is Fidelity Select Semiconductors Portfolio (FSELX) (Semiconductors) with a 1Y correlation of 0.70, roughly unchanged from 0.73 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity Select Semiconductors Portfolio | 0.70 | 0.69 | 0.73 | 96 | Semiconductors, Technology Equities | FJEFX vs FSELX | |
| Fidelity Blue Chip Growth Fund | 0.81 | 0.78 | 0.82 | 73 | Large Cap Growth Equities | FJEFX vs FBGRX | |
| Dimensional Retirement Income Fund | 0.82 | 0.86 | 0.83 | 77 | Target Retirement Date | FJEFX vs TDIFX | |
| MFS Lifetime 2025 Fund | 0.87 | 0.90 | 0.92 | 61 | Target Retirement Date | FJEFX vs LTTIX | |
| Dimensional 2065 Target Date Retirement Income Fun... | 0.88 | 0.89 | 0.92 | 81 | Target Retirement Date | FJEFX vs DTDRX |
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