Looking to diversify beyond FKIFX? The mutual funds below have the lowest correlation with FKIFX — 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 FKIFX.
Best Diversifiers for FKIFX
0 mutual funds have low correlation with FKIFX (below 0.3), 0 of which are negatively correlated. The least correlated is Fidelity Select Semiconductors Portfolio (FSELX) (Semiconductors) with a 1Y correlation of 0.58, roughly unchanged from 0.60 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity Select Semiconductors Portfolio | 0.58 | 0.55 | 0.60 | 96 | Semiconductors, Technology Equities | FKIFX vs FSELX | |
| Fidelity Blue Chip Growth Fund | 0.70 | 0.64 | 0.69 | 73 | Large Cap Growth Equities | FKIFX vs FBGRX | |
| Dimensional 2060 Target Date Retirement Income Fun... | 0.79 | 0.77 | 0.78 | 81 | Target Retirement Date | FKIFX vs DRILX | |
| Dimensional 2065 Target Date Retirement Income Fun... | 0.80 | 0.77 | 0.77 | 81 | Target Retirement Date | FKIFX vs DTDRX | |
| Fidelity ZERO Large Cap Index Fund | 0.80 | 0.75 | 0.76 | 63 | Large Cap Blend Equities | FKIFX vs FNILX |
See all 62 diversifiers for FKIFX
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