Looking to diversify beyond FLUEX? The mutual funds below have the lowest correlation with FLUEX — 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 FLUEX.
Best Diversifiers for FLUEX
0 mutual funds have low correlation with FLUEX (below 0.3), 0 of which are negatively correlated. The least correlated is Fidelity Select Semiconductors Portfolio (FSELX) (Semiconductors) with a 1Y correlation of 0.41, down from 0.54 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity Select Semiconductors Portfolio | 0.41 | 0.43 | 0.54 | 96 | Semiconductors, Technology Equities | FLUEX vs FSELX | |
| Federated Hermes Strategic Value Dividend Fund | 0.50 | 0.62 | 0.73 | 78 | Large Cap Value Equities | FLUEX vs SVAIX | |
| Fidelity Blue Chip Growth Fund | 0.51 | 0.51 | 0.63 | 73 | Large Cap Growth Equities | FLUEX vs FBGRX | |
| Rational Equity Armor Fund | 0.59 | 0.60 | 0.70 | 55 | Large Cap Value Equities | FLUEX vs HDCTX | |
| Hennessy Cornerstone Value Fund | 0.67 | 0.80 | 0.85 | 81 | Large Cap Value Equities | FLUEX vs HFCVX |
See all 38 diversifiers for FLUEX
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