Looking to diversify beyond FVTKX? The mutual funds below have the lowest correlation with FVTKX — 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 FVTKX.
Best Diversifiers for FVTKX
0 mutual funds have low correlation with FVTKX (below 0.3), 0 of which are negatively correlated. The least correlated is Fidelity Select Semiconductors Portfolio (FSELX) (Semiconductors) with a 1Y correlation of 0.75, roughly unchanged from 0.77 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity Select Semiconductors Portfolio | 0.75 | 0.75 | 0.77 | 96 | Semiconductors, Technology Equities | FVTKX vs FSELX | |
| Dimensional 2020 Target Date Retirement Income Fun... | 0.75 | 0.68 | 0.61 | 53 | Target Retirement Date | FVTKX vs DRIRX | |
| Dimensional Retirement Income Fund | 0.78 | 0.78 | 0.75 | 77 | Target Retirement Date | FVTKX vs TDIFX | |
| Dimensional 2015 Target Date Retirement Income Fun... | 0.79 | 0.73 | 0.67 | 52 | Target Retirement Date | FVTKX vs DRIQX | |
| MFS Lifetime Income Fund | 0.81 | 0.79 | 0.80 | 57 | Target Retirement Date | FVTKX vs MLLIX |
See all 624 diversifiers for FVTKX
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