Looking to diversify beyond FJTKX? The mutual funds below have the lowest correlation with FJTKX — 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 FJTKX.
Best Diversifiers for FJTKX
0 mutual funds have low correlation with FJTKX (below 0.3), 0 of which are negatively correlated. The least correlated is Fidelity Select Semiconductors Portfolio (FSELX) (Semiconductors) with a 1Y correlation of 0.75, roughly unchanged from 0.78 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity Select Semiconductors Portfolio | 0.75 | 0.75 | 0.78 | 92 | Semiconductors, Technology Equities | FJTKX vs FSELX | |
| Dimensional Retirement Income Fund | 0.78 | 0.79 | 0.75 | 83 | Target Retirement Date | FJTKX vs TDIFX | |
| Fidelity Advisor Managed Retirement 2010 Fund Clas... | 0.81 | 0.77 | 0.77 | 70 | Target Retirement Date | FJTKX vs FRQIX | |
| Vanguard Information Technology Index Fund Admiral... | 0.81 | 0.81 | 0.84 | 53 | Technology Equities | FJTKX vs VITAX | |
| Fidelity Advisor Managed Retirement 2010 Fund Clas... | 0.81 | 0.77 | 0.77 | 67 | Target Retirement Date | FJTKX vs FRQAX |
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