Looking to diversify beyond FSNLX? The mutual funds below have the lowest correlation with FSNLX — 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 FSNLX.
Best Diversifiers for FSNLX
0 mutual funds have low correlation with FSNLX (below 0.3), 0 of which are negatively correlated. The least correlated is Fidelity Select Semiconductors Portfolio (FSELX) (Semiconductors) with a 1Y correlation of 0.65, roughly unchanged from 0.65 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity Select Semiconductors Portfolio | 0.65 | 0.61 | 0.65 | 96 | Semiconductors, Technology Equities | FSNLX vs FSELX | |
| Fidelity Blue Chip Growth Fund | 0.75 | 0.69 | 0.74 | 73 | Large Cap Growth Equities | FSNLX vs FBGRX | |
| Voya Solution 2050 Portfolio | 0.82 | 0.82 | 0.84 | 75 | Target Retirement Date | FSNLX vs ISNQX | |
| Mutual of America 2055 Retirement Fund | 0.83 | 0.79 | 0.73 | 72 | Target Retirement Date | FSNLX vs MUROX | |
| Fidelity ZERO Large Cap Index Fund | 0.84 | 0.78 | 0.80 | 63 | Large Cap Blend Equities | FSNLX vs FNILX |
See all 189 diversifiers for FSNLX
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