Looking to diversify beyond FYHTX? The mutual funds below have the lowest correlation with FYHTX — 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 FYHTX.
Best Diversifiers for FYHTX
7 mutual funds have low correlation with FYHTX (below 0.3), 4 of which are negatively correlated. The least correlated is Fidelity Blue Chip Growth Fund (FBGRX) (Large Cap Growth Equities) with a 1Y correlation of -0.03, down from 0.15 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity Blue Chip Growth Fund | -0.03 | 0.09 | 0.15 | 68 | Large Cap Growth Equities | FYHTX vs FBGRX | |
| Fidelity ZERO Total Market Index Fund | -0.02 | 0.11 | 0.19 | 65 | Large Cap Blend Equities | FYHTX vs FZROX | |
| Fidelity ZERO Large Cap Index Fund | -0.02 | 0.11 | 0.18 | 62 | Large Cap Blend Equities | FYHTX vs FNILX | |
| Fidelity Total Market Index Fund | -0.01 | 0.10 | 0.19 | 64 | Large Cap Blend Equities | FYHTX vs FSKAX | |
| Fidelity 500 Index Fund | 0.00 | 0.10 | 0.17 | 65 | S&P 500 | FYHTX vs FXAIX |
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