Looking to diversify beyond FJLMX? The mutual funds below have the lowest correlation with FJLMX — 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 FJLMX.
Best Diversifiers for FJLMX
0 mutual funds have low correlation with FJLMX (below 0.3), 0 of which are negatively correlated. The least correlated is Fidelity Select Semiconductors Portfolio (FSELX) (Semiconductors) with a 1Y correlation of 0.71, 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 | 0.71 | 0.69 | 0.73 | 92 | Semiconductors, Technology Equities | FJLMX vs FSELX | |
| Fidelity Blue Chip Growth Fund | 0.81 | 0.79 | 0.83 | 61 | Large Cap Growth Equities | FJLMX vs FBGRX | |
| Dimensional Retirement Income Fund | 0.83 | 0.86 | 0.83 | 84 | Target Retirement Date | FJLMX vs TDIFX | |
| Voya Target In-Retirement Fund | 0.87 | 0.90 | 0.90 | 74 | Target Retirement Date | FJLMX vs ISOLX | |
| Fidelity Managed Retirement 2010 Fund Class K6 | 0.87 | 0.87 | 0.87 | 84 | Target Retirement Date | FJLMX vs FRQHX |
See all 44 diversifiers for FJLMX
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements FJLMX
Add FJLMX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with FJLMX