Whether we’re talking about record-setting markets, the pace and rate of recovering economic activity here, China and elsewhere (wherever, that is, vaccination success has enabled reopening to accelerate its breadth and pace), inflated and inflating housing, food and energy prices, consumer confidence—even when talking about the weather—it’s a scorcher out there!... Read more
COVID is back making headlines, raising the specter of shutdowns and lockdowns. The new Delta variant’s virulence is nothing to sneeze at; highly infectious and a reminder that the virus mutates to colonize, and this virus’ attempts at colonization are far from said and done.... Read more
Whether we’re talking about record-setting momentum markets, the pace and rate of recovering economic activity here, China and elsewhere (wherever, that is, vaccination success has enabled reopening to accelerate its breadth and pace), inflated and inflating housing, food and energy prices, consumer confidence, lumber prices—or even when talking simply about the weather—it’s a scorcher out there!... Read more
| Model | YTD | 5-Year (Annualized) |
|---|---|---|
| Global Quant Growth | 10.0% | 15.9% |
| Global Quant Income | 0.6% | N/A |
| Growth | 9.6% | 13.7% |
| ESG Growth | N/A | N/A |
| Factor+ | 8.3% | N/A |
| Growth & Income | 8.5% | 9.5% |
| Income | 3.2% | 4.5% |
| Annuity Growth | 7.5% | 13.2% |
| Annuity Growth & Income | 6.0% | 10.9% |
| S&P 500 | 15.3% | 17.7% |
| Fidelity Investor Index | 9.2% | 11.1% |
A high correlation between funds may mean that your portfolio of funds is not as diverse as you might want it to be. While other tools may compare funds only to the S&P 500, you can use this tool to determine how closely the performance of one Fidelity fund tracks that of any other Fidelity fund. Compare all the funds that you own. To diversify, look for funds that have low correlation with one another.
Jim Lowell is Editor-in-Chief of the award-winning independent newsletters Fidelity Investor and Fidelity Sector Investor. Through his newsletters, Jim advises individual investors seeking superior performance from their Fidelity investments. He has also written several books on investing, Investing from Scratch (revised edition, Penguin, 2006) and What Every Fidelity Investor Needs to Know (Wiley, 2007) among them. Read more
Jim Lowell adheres to the Cardinal Rule of Mutual Fund Investing: Buy the manager! He makes sure his subscribers, also known as “Fidelity’s Fortunate Few,” are protected and invested in Fidelity’s best funds.
Learn moreThese long-term sector investments are selected based on Jim’s proprietary Fidelity Sector Investor fund-scoring system and set to deliver big profits.
Learn more