Looking to diversify beyond FKGLX? The mutual funds below have the lowest correlation with FKGLX — 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 FKGLX.
Best Diversifiers for FKGLX
0 mutual funds have low correlation with FKGLX (below 0.3), 0 of which are negatively correlated. The least correlated is Fidelity Select Semiconductors Portfolio (FSELX) (Semiconductors) with a 1Y correlation of 0.74, roughly unchanged from 0.76 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity Select Semiconductors Portfolio | 0.74 | 0.73 | 0.76 | 96 | Semiconductors, Technology Equities | FKGLX vs FSELX | |
| Dimensional Retirement Income Fund | 0.79 | 0.80 | 0.76 | 70 | Target Retirement Date | FKGLX vs TDIFX | |
| MFS Lifetime 2025 Fund | 0.83 | 0.84 | 0.88 | 61 | Target Retirement Date | FKGLX vs LTTIX | |
| Prudential Day One Income Fund | 0.83 | 0.83 | 0.84 | 78 | Target Retirement Date | FKGLX vs PDAHX | |
| Fidelity Blue Chip Growth Fund | 0.85 | 0.83 | 0.86 | 68 | Large Cap Growth Equities | FKGLX vs FBGRX |
See all 67 diversifiers for FKGLX
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