As we shift into November, earnings, interest rates and economic facts will continue to play a role in how the markets perform. But with the Q3 earnings trend in place, and the recent raft of the most meaningful economic reports behind not ahead of us, there’s the increased probability for event-driven news (rather than fundamentals) to drive market activity and volatility in the week(s) ahead.... Read more
This week, we’ve seen third quarter GDP reports from Japan (growing at an anemic 0.2% annualized rate), with the U.K. and Germany’s economies treading barely above water, too. Meantime, China continues to slow but grow, even as we continue to stay on our slow growth, not no growth, road.... Read more
Three quarters of 2019 are now in the books, and it is safe to say that uncertainties abound for investors heading into the year’s final stretch. In wildly uncertain newfangled times as these, boring can be not only good, but better. And when market times turn dark, one longstanding smart beta sector tends to light up: Utilities. ... Read more
| Model | YTD | 5-Year (Annualized) |
|---|---|---|
| Global Quant Growth | 19.0% | 9.8% |
| Growth | 14.7% | 6.9% |
| Growth & Income | 12.5% | 6.1% |
| Income | 10.1% | 4.2% |
| Annuity Growth | 18.1% | 6.7% |
| Annuity Growth & Income | 15.1% | 6.0% |
| S&P 500 | 23.2% | 10.8% |
| Fidelity Investor Index | 14.3% | 5.9% |
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