Looking to diversify beyond FQIPX? The mutual funds below have the lowest correlation with FQIPX — 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 FQIPX.
Best Diversifiers for FQIPX
0 mutual funds have low correlation with FQIPX (below 0.3), 0 of which are negatively correlated. The least correlated is Fidelity Select Semiconductors Portfolio (FSELX) (Semiconductors) with a 1Y correlation of 0.73, 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 | 0.73 | 0.74 | 0.77 | 96 | Semiconductors, Technology Equities | FQIPX vs FSELX | |
| Dimensional Retirement Income Fund | 0.79 | 0.79 | 0.76 | 77 | Target Retirement Date | FQIPX vs TDIFX | |
| MFS Lifetime 2025 Fund | 0.83 | 0.83 | 0.88 | 61 | Target Retirement Date | FQIPX vs LTTIX | |
| Prudential Day One Income Fund | 0.84 | 0.83 | 0.84 | 79 | Target Retirement Date | FQIPX vs PDAHX | |
| Fidelity Advisor Managed Retirement 2010 Fund Clas... | 0.84 | 0.78 | 0.78 | 65 | Target Retirement Date | FQIPX vs FRQIX |
See all 47 diversifiers for FQIPX
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