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
24 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 | |
| Vanguard Ultra-Short-Term Bond Fund Investor Share... | 0.03 | 0.17 | 0.21 | 99 | Total Bond Market | FJTDX vs VUBFX | |
| Fidelity Select Semiconductors Portfolio | 0.03 | 0.00 | 0.04 | 89 | Semiconductors, Technology Equities | FJTDX vs FSELX | |
| Frost Credit Fund A Class Shares | 0.05 | 0.17 | 0.22 | 65 | Total Bond Market | FJTDX vs FCFBX | |
| Fidelity Series Real Estate Income Fund | 0.06 | 0.19 | 0.16 | 89 | REIT | FJTDX vs FSREX |
See all 52 diversifiers for FJTDX
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