Looking to diversify beyond FNSDX? The mutual funds below have the lowest correlation with FNSDX — 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 FNSDX.
Best Diversifiers for FNSDX
0 mutual funds have low correlation with FNSDX (below 0.3), 0 of which are negatively correlated. The least correlated is Fidelity Select Semiconductors Portfolio (FSELX) (Semiconductors) with a 1Y correlation of 0.75, roughly unchanged from 0.78 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity Select Semiconductors Portfolio | 0.75 | 0.75 | 0.78 | 96 | Semiconductors, Technology Equities | FNSDX vs FSELX | |
| Dimensional Retirement Income Fund | 0.78 | 0.78 | 0.75 | 70 | Target Retirement Date | FNSDX vs TDIFX | |
| Mutual of America Retirement Income Fund | 0.81 | 0.77 | 0.70 | 71 | Target Retirement Date | FNSDX vs MARMX | |
| MFS Lifetime Income Fund | 0.81 | 0.79 | 0.80 | 55 | Target Retirement Date | FNSDX vs MLLIX | |
| MFS Lifetime 2025 Fund | 0.81 | 0.82 | 0.86 | 61 | Target Retirement Date | FNSDX vs LTTIX |
See all 504 diversifiers for FNSDX
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements FNSDX
Add FNSDX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with FNSDX