Looking to diversify beyond FPTKX? The mutual funds below have the lowest correlation with FPTKX — 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 FPTKX.
Best Diversifiers for FPTKX
0 mutual funds have low correlation with FPTKX (below 0.3), 0 of which are negatively correlated. The least correlated is Fidelity Select Semiconductors Portfolio (FSELX) (Semiconductors) with a 1Y correlation of 0.64, roughly unchanged from 0.66 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity Select Semiconductors Portfolio | 0.64 | 0.62 | 0.66 | 96 | Semiconductors, Technology Equities | FPTKX vs FSELX | |
| Fidelity Blue Chip Growth Fund | 0.75 | 0.70 | 0.74 | 73 | Large Cap Growth Equities | FPTKX vs FBGRX | |
| Mutual of America 2055 Retirement Fund | 0.82 | 0.80 | 0.73 | 72 | Target Retirement Date | FPTKX vs MUROX | |
| Voya Solution 2050 Portfolio | 0.82 | 0.83 | 0.85 | 75 | Target Retirement Date | FPTKX vs ISNQX | |
| Fidelity Advisor 529 Aggressive Growth Portfolio C... | 0.83 | 0.80 | 0.84 | 73 | Target Retirement Date | FPTKX vs FFRGX |
See all 187 diversifiers for FPTKX
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements FPTKX
Add FPTKX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with FPTKX