Looking to diversify beyond FSJPX? The mutual funds below have the lowest correlation with FSJPX — 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 FSJPX.
Best Diversifiers for FSJPX
0 mutual funds have low correlation with FSJPX (below 0.3), 0 of which are negatively correlated. The least correlated is Fidelity Select Semiconductors Portfolio (FSELX) (Semiconductors) with a 1Y correlation of 0.54, roughly unchanged from 0.56 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity Select Semiconductors Portfolio | 0.54 | 0.52 | 0.56 | 97 | Semiconductors, Technology Equities | FSJPX vs FSELX | |
| Fidelity Blue Chip Growth Fund | 0.57 | 0.57 | 0.60 | 75 | Large Cap Growth Equities | FSJPX vs FBGRX | |
| Fidelity ZERO Large Cap Index Fund | 0.65 | 0.62 | 0.64 | 71 | Large Cap Blend Equities | FSJPX vs FNILX | |
| Fidelity 500 Index Fund | 0.65 | 0.63 | 0.64 | 73 | S&P 500 | FSJPX vs FXAIX | |
| Fidelity ZERO Total Market Index Fund | 0.66 | 0.63 | 0.65 | 72 | Large Cap Blend Equities | FSJPX vs FZROX |
See all 13 diversifiers for FSJPX
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