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 Dimensional Retirement Income Fund (TDIFX) (Target Retirement Date) with a 1Y correlation of 0.74, roughly unchanged from 0.75 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Dimensional Retirement Income Fund | 0.74 | 0.78 | 0.75 | 83 | Target Retirement Date | FSNZX vs TDIFX | |
| Fidelity Select Semiconductors Portfolio | 0.75 | 0.75 | 0.78 | 97 | Semiconductors, Technology Equities | FSNZX vs FSELX | |
| Prudential Day One Income Fund | 0.80 | 0.81 | 0.82 | 85 | Target Retirement Date | FSNZX vs PDAHX | |
| Fidelity Freedom Index Income Fund Institutional P... | 0.81 | 0.74 | 0.71 | 78 | Target Retirement Date | FSNZX vs FFGZX | |
| Fidelity Freedom Index Income Fund Investor Class | 0.82 | 0.74 | 0.70 | 77 | Target Retirement Date | FSNZX vs FIKFX |
See all 80 diversifiers for FSNZX
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