Looking to diversify beyond FJPTX? The mutual funds below have the lowest correlation with FJPTX — 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 FJPTX.
Best Diversifiers for FJPTX
0 mutual funds have low correlation with FJPTX (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 0.58 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity Select Semiconductors Portfolio | 0.59 | 0.54 | 0.58 | 96 | Semiconductors, Technology Equities | FJPTX vs FSELX | |
| Fidelity Blue Chip Growth Fund | 0.59 | 0.57 | 0.62 | 73 | Large Cap Growth Equities | FJPTX vs FBGRX | |
| Fidelity ZERO Large Cap Index Fund | 0.66 | 0.63 | 0.66 | 63 | Large Cap Blend Equities | FJPTX vs FNILX | |
| Fidelity 500 Index Fund | 0.66 | 0.63 | 0.65 | 66 | S&P 500 | FJPTX vs FXAIX | |
| Fidelity ZERO Total Market Index Fund | 0.66 | 0.64 | 0.66 | 66 | Large Cap Blend Equities | FJPTX vs FZROX |
See all 15 diversifiers for FJPTX
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