Looking to diversify beyond FQLSX? The mutual funds below have the lowest correlation with FQLSX — 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 FQLSX.
Best Diversifiers for FQLSX
0 mutual funds have low correlation with FQLSX (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 | 0.74 | 0.77 | 96 | Semiconductors, Technology Equities | FQLSX vs FSELX | |
| Dimensional Retirement Income Fund | 0.78 | 0.78 | 0.75 | 70 | Target Retirement Date | FQLSX vs TDIFX | |
| MFS Lifetime Income Fund | 0.81 | 0.79 | 0.81 | 55 | Target Retirement Date | FQLSX vs MLLIX | |
| Mutual of America Retirement Income Fund | 0.81 | 0.77 | 0.70 | 71 | Target Retirement Date | FQLSX vs MARMX | |
| MFS Lifetime 2025 Fund | 0.82 | 0.83 | 0.87 | 61 | Target Retirement Date | FQLSX vs LTTIX |
See all 601 diversifiers for FQLSX
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Diversification Analysis
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