Looking to diversify beyond FNSFX? The mutual funds below have the lowest correlation with FNSFX — 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 FNSFX.
Best Diversifiers for FNSFX
0 mutual funds have low correlation with FNSFX (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 0.77 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity Select Semiconductors Portfolio | 0.75 | 0.75 | 0.77 | 96 | Semiconductors, Technology Equities | FNSFX vs FSELX | |
| Dimensional 2020 Target Date Retirement Income Fun... | 0.75 | 0.68 | 0.61 | 53 | Target Retirement Date | FNSFX vs DRIRX | |
| Dimensional Retirement Income Fund | 0.78 | 0.78 | 0.75 | 77 | Target Retirement Date | FNSFX vs TDIFX | |
| Dimensional 2015 Target Date Retirement Income Fun... | 0.79 | 0.73 | 0.67 | 52 | Target Retirement Date | FNSFX vs DRIQX | |
| Mutual of America Retirement Income Fund | 0.80 | 0.77 | 0.70 | 74 | Target Retirement Date | FNSFX vs MARMX |
See all 586 diversifiers for FNSFX
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