Looking to diversify beyond FYMRX? The mutual funds below have the lowest correlation with FYMRX — 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 FYMRX.
Best Diversifiers for FYMRX
0 mutual funds have low correlation with FYMRX (below 0.3), 0 of which are negatively correlated. The least correlated is Fidelity Select Semiconductors Portfolio (FSELX) (Semiconductors) with a 1Y correlation of 0.73, roughly unchanged from 0.75 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity Select Semiconductors Portfolio | 0.73 | 0.75 | — | 96 | Semiconductors, Technology Equities | FYMRX vs FSELX | |
| Fidelity Blue Chip Growth Fund | 0.85 | 0.84 | — | 73 | Large Cap Growth Equities | FYMRX vs FBGRX | |
| Fidelity ZERO Large Cap Index Fund | 0.93 | 0.91 | — | 63 | Large Cap Blend Equities | FYMRX vs FNILX | |
| Fidelity 500 Index Fund | 0.93 | 0.92 | — | 66 | S&P 500 | FYMRX vs FXAIX | |
| Fidelity Total Market Index Fund | 0.93 | 0.92 | — | 65 | Large Cap Blend Equities | FYMRX vs FSKAX |
See all 7 diversifiers for FYMRX
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