Looking to diversify beyond FTLTX? The mutual funds below have the lowest correlation with FTLTX — 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 FTLTX.
Best Diversifiers for FTLTX
9 mutual funds have low correlation with FTLTX (below 0.3), 0 of which are negatively correlated. The least correlated is Fidelity Select Semiconductors Portfolio (FSELX) (Semiconductors) with a 1Y correlation of 0.07, roughly unchanged from 0.01 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity Select Semiconductors Portfolio | 0.07 | 0.05 | 0.01 | 97 | Semiconductors, Technology Equities | FTLTX vs FSELX | |
| GMO U.S. Treasury Fund | 0.08 | 0.02 | 0.03 | 99 | Government Bonds | FTLTX vs GUSTX | |
| Fidelity Blue Chip Growth Fund | 0.14 | 0.11 | 0.04 | 75 | Large Cap Growth Equities | FTLTX vs FBGRX | |
| Fidelity ZERO Large Cap Index Fund | 0.19 | 0.18 | 0.07 | 71 | Large Cap Blend Equities | FTLTX vs FNILX | |
| DFA Short-Term Government Portfolio | 0.20 | 0.08 | 0.32 | 62 | Government Bonds | FTLTX vs DFFGX |
See all 16 diversifiers for FTLTX
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