Looking to diversify beyond FNJHX? The mutual funds below have the lowest correlation with FNJHX — 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 FNJHX.
Best Diversifiers for FNJHX
15 mutual funds have low correlation with FNJHX (below 0.3), 0 of which are negatively correlated. The least correlated is Fidelity Select Semiconductors Portfolio (FSELX) (Semiconductors) with a 1Y correlation of 0.11, roughly unchanged from 0.09 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity Select Semiconductors Portfolio | 0.11 | 0.07 | 0.09 | 96 | Semiconductors, Technology Equities | FNJHX vs FSELX | |
| Fidelity Blue Chip Growth Fund | 0.17 | 0.11 | 0.11 | 73 | Large Cap Growth Equities | FNJHX vs FBGRX | |
| DFA Short Term Municipal Bond Portfolio | 0.18 | 0.26 | 0.36 | 99 | Municipal Bonds | FNJHX vs DFSMX | |
| Fidelity 500 Index Fund | 0.20 | 0.16 | 0.13 | 66 | S&P 500 | FNJHX vs FXAIX | |
| Fidelity ZERO Large Cap Index Fund | 0.21 | 0.16 | 0.13 | 63 | Large Cap Blend Equities | FNJHX vs FNILX |
See all 31 diversifiers for FNJHX
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements FNJHX
Add FNJHX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with FNJHX