Looking to diversify beyond FTLSX? The mutual funds below have the lowest correlation with FTLSX — 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 FTLSX.
Best Diversifiers for FTLSX
0 mutual funds have low correlation with FTLSX (below 0.3), 0 of which are negatively correlated. The least correlated is Fidelity Select Semiconductors Portfolio (FSELX) (Semiconductors) with a 1Y correlation of 0.56, roughly unchanged from 0.50 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity Select Semiconductors Portfolio | 0.56 | 0.49 | 0.50 | 97 | Semiconductors, Technology Equities | FTLSX vs FSELX | |
| Fidelity Blue Chip Growth Fund | 0.61 | 0.56 | 0.57 | 75 | Large Cap Growth Equities | FTLSX vs FBGRX | |
| Mutual of America Investment Corporation - 2050 Re... | 0.71 | 0.67 | 0.59 | 72 | Target Retirement Date | FTLSX vs MURNX | |
| Voya Solution 2055 Portfolio | 0.71 | 0.68 | 0.67 | 81 | Target Retirement Date | FTLSX vs IISPX | |
| Mutual of America 2055 Retirement Fund | 0.71 | 0.68 | 0.59 | 72 | Target Retirement Date | FTLSX vs MUROX |
See all 186 diversifiers for FTLSX
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