Looking to diversify beyond FSNQX? The mutual funds below have the lowest correlation with FSNQX — 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 FSNQX.
Best Diversifiers for FSNQX
0 mutual funds have low correlation with FSNQX (below 0.3), 0 of which are negatively correlated. The least correlated is Fidelity Select Semiconductors Portfolio (FSELX) (Semiconductors) with a 1Y correlation of 0.71, roughly unchanged from 0.73 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity Select Semiconductors Portfolio | 0.71 | 0.70 | 0.73 | 97 | Semiconductors, Technology Equities | FSNQX vs FSELX | |
| Dimensional Retirement Income Fund | 0.79 | 0.85 | 0.82 | 85 | Target Retirement Date | FSNQX vs TDIFX | |
| Fidelity Blue Chip Growth Fund | 0.81 | 0.79 | 0.82 | 75 | Large Cap Growth Equities | FSNQX vs FBGRX | |
| Fidelity Blue Chip Growth Fund Class K | 0.81 | 0.79 | 0.82 | 76 | Large Cap Growth Equities | FSNQX vs FBGKX | |
| Dimensional 2060 Target Date Retirement Income Fun... | 0.87 | 0.91 | 0.93 | 86 | Target Retirement Date | FSNQX vs DRILX |
See all 68 diversifiers for FSNQX
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