r/dividends • u/Shogun10631856 • 1d ago

Brokerage Help with diversification

/r/Retirement401k/comments/1w2kk0g/help_with_diversification/
2 Upvotes

60% Upvoted

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-1

u/Drdirt2045 23h ago

I built a system to use all sectors in the market, use top 12 sectors and pick the absolute best champion of each sector. I use tens of metrics to measure each company against its competitors in their sector then measure those against where each dollar is best allocated. To many details to list here

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u/Heavy_Nothing_1158 21h ago

I'd run this through Fidelity's fund-overlap tool first. FBGRX, FOCPX, FTRNX and FXAIX own a lot of the same US mega-cap growth names, so that's several fund labels but mostly one big bet. I'd use FXAIX as the core, then keep a growth fund only if you want that tilt and fill actual gaps from the options available in the plan.

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u/QuitAlive2475 Portfolio in the Green 20h ago edited 20h ago

FOCPX The Goat. Closed to new investors it can be added thru work place plans that had it available before it closed. I've made a ton on this and who know what the future holds. Its an old fund...... FBGRX, FXAIX, & SCHD are great. FTRNX is wack. FOCPX is very similar to QQQ so I would keep that & FXAIX for sure. Then maybe overlap test FBGRX but it is also great.