Looking to diversify beyond FJTMX? The mutual funds below have the lowest correlation with FJTMX — 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 FJTMX.
Best Diversifiers for FJTMX
0 mutual funds have low correlation with FJTMX (below 0.3), 0 of which are negatively correlated. The least correlated is Fidelity Select Semiconductors Portfolio (FSELX) (Semiconductors) with a 1Y correlation of 0.70, 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 | 0.70 | 0.69 | 0.73 | 96 | Semiconductors, Technology Equities | FJTMX vs FSELX | |
| Fidelity Blue Chip Growth Fund | 0.81 | 0.78 | 0.82 | 73 | Large Cap Growth Equities | FJTMX vs FBGRX | |
| Dimensional Retirement Income Fund | 0.82 | 0.86 | 0.83 | 77 | Target Retirement Date | FJTMX vs TDIFX | |
| Voya Target In-Retirement Fund | 0.86 | 0.90 | 0.90 | 79 | Target Retirement Date | FJTMX vs ISOLX | |
| MFS Lifetime 2025 Fund | 0.87 | 0.90 | 0.93 | 61 | Target Retirement Date | FJTMX vs LTTIX |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements FJTMX
Add FJTMX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with FJTMX