Looking to diversify beyond FTFEX? The mutual funds below have the lowest correlation with FTFEX — 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 FTFEX.
Best Diversifiers for FTFEX
0 mutual funds have low correlation with FTFEX (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 0.73 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity Select Semiconductors Portfolio | 0.70 | 0.69 | 0.73 | 96 | Semiconductors, Technology Equities | FTFEX vs FSELX | |
| Fidelity Blue Chip Growth Fund | 0.81 | 0.78 | 0.82 | 73 | Large Cap Growth Equities | FTFEX vs FBGRX | |
| Dimensional Retirement Income Fund | 0.82 | 0.86 | 0.83 | 77 | Target Retirement Date | FTFEX vs TDIFX | |
| MFS Lifetime 2025 Fund | 0.87 | 0.90 | 0.93 | 61 | Target Retirement Date | FTFEX vs LTTIX | |
| Prudential Day One Income Fund | 0.87 | 0.89 | 0.90 | 79 | Target Retirement Date | FTFEX vs PDAHX |
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