Looking to diversify beyond FSNKX? The mutual funds below have the lowest correlation with FSNKX — 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 FSNKX.
Best Diversifiers for FSNKX
0 mutual funds have low correlation with FSNKX (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 | 0.55 | 0.60 | 97 | Semiconductors, Technology Equities | FSNKX vs FSELX | |
| Fidelity Blue Chip Growth Fund | 0.67 | 0.64 | 0.68 | 75 | Large Cap Growth Equities | FSNKX vs FBGRX | |
| Fidelity Total Market Index Fund | 0.75 | 0.70 | 0.70 | 71 | Large Cap Blend Equities | FSNKX vs FSKAX | |
| Fidelity ZERO Large Cap Index Fund | 0.77 | 0.72 | 0.74 | 71 | Large Cap Blend Equities | FSNKX vs FNILX | |
| Fidelity 500 Index Fund | 0.77 | 0.72 | 0.73 | 75 | S&P 500 | FSNKX vs FXAIX |
See all 121 diversifiers for FSNKX
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