Looking to diversify beyond FSNZX? The mutual funds below have the lowest correlation with FSNZX — 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 FSNZX.
Best Diversifiers for FSNZX
0 mutual funds have low correlation with FSNZX (below 0.3), 0 of which are negatively correlated. The least correlated is Fidelity Select Semiconductors Portfolio (FSELX) (Semiconductors) with a 1Y correlation of 0.75, roughly unchanged from 0.78 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity Select Semiconductors Portfolio | 0.75 | 0.75 | 0.78 | 94 | Semiconductors, Technology Equities | FSNZX vs FSELX | |
| Dimensional Retirement Income Fund | 0.78 | 0.78 | 0.75 | 64 | Target Retirement Date | FSNZX vs TDIFX | |
| MFS Lifetime 2025 Fund | 0.82 | 0.82 | 0.86 | 66 | Target Retirement Date | FSNZX vs LTTIX | |
| Prudential Day One Income Fund | 0.82 | 0.81 | 0.82 | 72 | Target Retirement Date | FSNZX vs PDAHX | |
| Voya Target In-Retirement Fund | 0.83 | 0.83 | 0.83 | 74 | Target Retirement Date | FSNZX vs ISOLX |
See all 76 diversifiers for FSNZX
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