Looking to diversify beyond FSNPX? The mutual funds below have the lowest correlation with FSNPX — 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 FSNPX.
Best Diversifiers for FSNPX
0 mutual funds have low correlation with FSNPX (below 0.3), 0 of which are negatively correlated. The least correlated is Fidelity Select Semiconductors Portfolio (FSELX) (Semiconductors) with a 1Y correlation of 0.70, roughly unchanged from 0.72 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity Select Semiconductors Portfolio | 0.70 | 0.68 | 0.72 | 93 | Semiconductors, Technology Equities | FSNPX vs FSELX | |
| Fidelity Blue Chip Growth Fund | 0.80 | 0.77 | 0.81 | 63 | Large Cap Growth Equities | FSNPX vs FBGRX | |
| Dimensional Retirement Income Fund | 0.84 | 0.88 | 0.85 | 81 | Target Retirement Date | FSNPX vs TDIFX | |
| Voya Target In-Retirement Fund | 0.87 | 0.91 | 0.91 | 73 | Target Retirement Date | FSNPX vs ISOLX | |
| Voya Target Retirement 2040 Fund | 0.87 | 0.91 | 0.92 | 75 | Target Retirement Date | FSNPX vs IRSOX |
See all 61 diversifiers for FSNPX
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