Looking to diversify beyond FSTDX? The mutual funds below have the lowest correlation with FSTDX — 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 FSTDX.
Best Diversifiers for FSTDX
8 mutual funds have low correlation with FSTDX (below 0.3), 0 of which are negatively correlated. The least correlated is SEI Multi-Asset Real Return Fund Class A (SEIAX) (Inflation-Protected Bonds) with a 1Y correlation of 0.06, down from 0.29 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| SEI Multi-Asset Real Return Fund Class A | 0.06 | 0.26 | 0.29 | 79 | Inflation-Protected Bonds | FSTDX vs SEIAX | |
| Fidelity Select Semiconductors Portfolio | 0.09 | 0.08 | — | 97 | Semiconductors, Technology Equities | FSTDX vs FSELX | |
| Fidelity Blue Chip Growth Fund | 0.15 | 0.14 | — | 75 | Large Cap Growth Equities | FSTDX vs FBGRX | |
| Fidelity 500 Index Fund | 0.21 | 0.20 | — | 73 | S&P 500 | FSTDX vs FXAIX | |
| Fidelity Total Market Index Fund | 0.22 | 0.21 | — | 71 | Large Cap Blend Equities | FSTDX vs FSKAX |
See all 21 diversifiers for FSTDX
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