Fidelity Education Correlations

Mutual Funds . USA . 
Fund . Fidelity Education Income
FEDUX Fund  USD 9.28  0.01  0.11%   
The current 90-days correlation between Fidelity Education Income and Fidelity Freedom 2070 is 0.07 (i.e., Significant diversification). The correlation of Fidelity Education is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak. If the correlation is 0, the equities are not correlated; they are entirely random.

Fidelity Education Correlation With Market

Very good diversification

The correlation between Fidelity Education Income and DJI is -0.27 (i.e., Very good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Fidelity Education Income and DJI in the same portfolio, assuming nothing else is changed.
  
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fidelity Education Income. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as signals in population.

Moving against Fidelity Mutual Fund

  0.38FQITX Fidelity Salem StreetPairCorr
  0.36FRBLX Fidelity Advisor FreedomPairCorr
  0.36FRBOX Fidelity Advisor FreedomPairCorr
  0.35FPUKX Fidelity PuritanPairCorr
  0.35FQLSX Fidelity Flex FreedomPairCorr
  0.35FRBDX Fidelity Freedom 2070PairCorr
  0.35FRBEX Fidelity Freedom 2070PairCorr
  0.35FRBHX Fidelity Freedom 2070PairCorr
  0.35FRBJX Fidelity Advisor FreedomPairCorr
  0.35FRBKX Fidelity Advisor FreedomPairCorr
  0.35FRBNX Fidelity Advisor FreedomPairCorr
  0.35FRBPX Fidelity Advisor FreedomPairCorr
  0.34FPURX Fidelity PuritanPairCorr
  0.33FQIPX Fidelity Freedom IndexPairCorr
  0.32FPTKX Fidelity Freedom 2015PairCorr
  0.36FRCLX Fidelity Freedom BlendPairCorr
  0.35FRBQX Fidelity Flex FreedomPairCorr
  0.35FRBYX Fidelity Freedom BlendPairCorr
  0.35FRBZX Fidelity Freedom BlendPairCorr
  0.35FRCFX Fidelity Freedom BlendPairCorr
  0.35FRCHX Fidelity Freedom BlendPairCorr
  0.35FRCJX Fidelity Freedom BlendPairCorr
  0.35FRCKX Fidelity Freedom BlendPairCorr
  0.35FRCNX Fidelity Freedom BlendPairCorr
  0.35FRCPX Fidelity Freedom BlendPairCorr
  0.34FRCQX Fidelity SustainablePairCorr
  0.33FRBUX Fidelity Freedom IndexPairCorr
  0.33FRBVX Fidelity Freedom IndexPairCorr
  0.33FRBWX Fidelity Freedom IndexPairCorr
  0.33FRAGX Aggressive GrowthPairCorr
  0.34FRCRX Fidelity SustainablePairCorr
  0.34FRCVX Fidelity SustainablePairCorr
  0.34FRCWX Fidelity SustainablePairCorr
  0.34FRCYX Fidelity SustainablePairCorr
  0.34FRDCX Fidelity SustainablePairCorr
  0.34FRDDX Fidelity SustainablePairCorr

Related Correlations Analysis


Risk-Adjusted Indicators

There is a big difference between Fidelity Mutual Fund performing well and Fidelity Education Mutual Fund doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Fidelity Education's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.
Mean DeviationJensen AlphaSortino RatioTreynor RatioSemi DeviationExpected ShortfallPotential UpsideValue @RiskMaximum Drawdown
FPTKX  0.26  0.06  0.04  0.28  0.00 
(0.32)
 0.51 
(0.49)
 2.69 
FPURX  0.48  0.02  0.00  0.10  0.57 
(0.50)
 0.99 
(1.12)
 3.79 
FPUKX  0.48  0.02  0.00  0.10  0.59 
(0.51)
 0.99 
(1.16)
 3.76 
FPXTX  0.07  0.02 (0.30)(2.08) 0.00 
(0.14)
 0.19 
(0.10)
 0.66 
FQIFX  0.31  0.02 (0.05) 0.10  0.30 
(0.36)
 0.65 
(0.69)
 1.77 
FQIPX  0.50  0.02  0.00  0.09  0.61 
(0.51)
 0.99 
(1.15)
 3.10 
FQITX  0.69  0.06  0.05  0.13  0.81 
(0.71)
 1.55 
(1.53)
 3.78 
FQLSX  0.53  0.06  0.05  0.14  0.61 
(0.54)
 1.05 
(1.30)
 3.48 
FRBDX  0.55  0.06  0.05  0.14  0.66 
(0.56)
 1.02 
(1.23)
 3.36 
FRBEX  0.55  0.06  0.05  0.14  0.66 
(0.56)
 1.03 
(1.30)
 3.44 

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions
 
Feedback Blog
Made with optimal in San Francisco
2026 Macroaxis LLC
COMMON DESTINATIONS
MAIN CATEGORIES
COMPANY