Looking to diversify beyond FJTDX? The mutual funds below have the lowest correlation with FJTDX — 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 FJTDX.
Best Diversifiers for FJTDX
26 mutual funds have low correlation with FJTDX (below 0.3), 0 of which are negatively correlated. The least correlated is SEI Institutional Investments Trust Opportunistic Income Fund (ENIAX) (Ultrashort Bond) with a 1Y correlation of 0.00, down from 0.12 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| SEI Institutional Investments Trust Opportunistic ... | 0.00 | 0.05 | 0.12 | 99 | Ultrashort Bond | FJTDX vs ENIAX | |
| Fidelity Select Semiconductors Portfolio | 0.01 | 0.00 | 0.04 | 96 | Semiconductors, Technology Equities | FJTDX vs FSELX | |
| Vanguard Ultra-Short-Term Bond Fund Investor Share... | 0.05 | 0.18 | 0.22 | 100 | Total Bond Market | FJTDX vs VUBFX | |
| Fidelity Flex International Index Fund | 0.06 | 0.09 | 0.06 | 70 | Foreign Large Cap Equities | FJTDX vs FITFX | |
| Strategic Advisers Fidelity International Fund | 0.07 | 0.10 | 0.06 | 50 | Foreign Large Cap Equities | FJTDX vs FUSIX |
See all 46 diversifiers for FJTDX
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