Looking to diversify beyond FWLSX? The mutual funds below have the lowest correlation with FWLSX — 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 FWLSX.
Best Diversifiers for FWLSX
0 mutual funds have low correlation with FWLSX (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 | 0.74 | 0.77 | 96 | Semiconductors, Technology Equities | FWLSX vs FSELX | |
| Dimensional 2020 Target Date Retirement Income Fun... | 0.76 | 0.68 | 0.61 | 53 | Target Retirement Date | FWLSX vs DRIRX | |
| Dimensional Retirement Income Fund | 0.77 | 0.78 | 0.75 | 77 | Target Retirement Date | FWLSX vs TDIFX | |
| Dimensional 2015 Target Date Retirement Income Fun... | 0.79 | 0.73 | 0.67 | 52 | Target Retirement Date | FWLSX vs DRIQX | |
| MFS Lifetime Income Fund | 0.81 | 0.79 | 0.81 | 57 | Target Retirement Date | FWLSX vs MLLIX |
See all 622 diversifiers for FWLSX
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