Looking to diversify beyond FYTKX? The mutual funds below have the lowest correlation with FYTKX — 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 FYTKX.
Best Diversifiers for FYTKX
0 mutual funds have low correlation with FYTKX (below 0.3), 0 of which are negatively correlated. The least correlated is Fidelity Select Semiconductors Portfolio (FSELX) (Semiconductors) with a 1Y correlation of 0.57, roughly unchanged from 0.51 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity Select Semiconductors Portfolio | 0.57 | 0.49 | 0.51 | 96 | Semiconductors, Technology Equities | FYTKX vs FSELX | |
| Fidelity Blue Chip Growth Fund | 0.67 | 0.56 | 0.58 | 68 | Large Cap Growth Equities | FYTKX vs FBGRX | |
| Fidelity Capital & Income Fund | 0.71 | 0.69 | 0.70 | 92 | High Yield Bonds | FYTKX vs FAGIX | |
| Mutual of America Investment Corporation - 2050 Re... | 0.76 | 0.68 | 0.59 | 73 | Target Retirement Date | FYTKX vs MURNX | |
| Mutual of America 2055 Retirement Fund | 0.76 | 0.68 | 0.59 | 73 | Target Retirement Date | FYTKX vs MUROX |
See all 399 diversifiers for FYTKX
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