Looking to diversify beyond FTYJX? The mutual funds below have the lowest correlation with FTYJX — 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 FTYJX.
Best Diversifiers for FTYJX
0 mutual funds have low correlation with FTYJX (below 0.3), 0 of which are negatively correlated. The least correlated is Fidelity Select Semiconductors Portfolio (FSELX) (Semiconductors) with a 1Y correlation of 0.71, 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 | 0.71 | 0.69 | 0.73 | 93 | Semiconductors, Technology Equities | FTYJX vs FSELX | |
| Fidelity Blue Chip Growth Fund | 0.81 | 0.79 | 0.83 | 63 | Large Cap Growth Equities | FTYJX vs FBGRX | |
| Dimensional Retirement Income Fund | 0.83 | 0.86 | 0.83 | 81 | Target Retirement Date | FTYJX vs TDIFX | |
| Voya Target In-Retirement Fund | 0.87 | 0.90 | 0.90 | 73 | Target Retirement Date | FTYJX vs ISOLX | |
| Voya Target Retirement 2050 Fund | 0.87 | 0.90 | 0.92 | 73 | Target Retirement Date | FTYJX vs IRSQX |
See all 41 diversifiers for FTYJX
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