Looking to diversify beyond FOTKX? The mutual funds below have the lowest correlation with FOTKX — 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 FOTKX.
Best Diversifiers for FOTKX
0 mutual funds have low correlation with FOTKX (below 0.3), 0 of which are negatively correlated. The least correlated is Fidelity Select Semiconductors Portfolio (FSELX) (Semiconductors) with a 1Y correlation of 0.60, 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 | 0.60 | 0.56 | 0.60 | 96 | Semiconductors, Technology Equities | FOTKX vs FSELX | |
| Fidelity Blue Chip Growth Fund | 0.69 | 0.64 | 0.68 | 73 | Large Cap Growth Equities | FOTKX vs FBGRX | |
| T. Rowe Price Retirement Income 2020 Fund | 0.78 | 0.83 | 0.86 | 73 | Target Retirement Date | FOTKX vs TRLAX | |
| Mutual of America Investment Corporation - 2050 Re... | 0.79 | 0.75 | 0.68 | 72 | Target Retirement Date | FOTKX vs MURNX | |
| Mutual of America 2055 Retirement Fund | 0.79 | 0.75 | 0.68 | 72 | Target Retirement Date | FOTKX vs MUROX |
See all 234 diversifiers for FOTKX
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements FOTKX
Add FOTKX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with FOTKX