PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan

Fidelity Advisor Growth Opportunities Fund Class A (FAGAX) Diversifiers

Mutual Fund · Currency in USD · Last updated Jul 14, 2026

The investment seeks capital growth. The fund normally invests primarily in common stocks. It invests in companies that the advisor believes have above-average growth potential (stocks of these companies are often called "growth" stocks). The fund invests in domestic and foreign issuers. The advisor uses fundamental analysis of factors such as each issuer's financial condition and industry position, as well as market and economic conditions to select investments.

Looking to diversify beyond FAGAX? The mutual funds below have the lowest correlation with FAGAX — 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 FAGAX.

Best Diversifiers for FAGAX

1 mutual funds have low correlation with FAGAX (below 0.3), 0 of which are negatively correlated. The least correlated is PACE Large Co Value Equity Investments (PCLVX) (Large Cap Value Equities) with a 1Y correlation of 0.30, down from 0.60 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
PCLVX
PACE Large Co Value Equity Investments0.300.460.60
82
Large Cap Value EquitiesFAGAX vs PCLVX
FACDX
Fidelity Advisor Health Care Fund Class A0.320.470.62
57
Health & Biotech EquitiesFAGAX vs FACDX
FASDX
Fidelity Advisor Strategic Dividend & Income Fund ...0.430.550.65
88
Diversified PortfolioFAGAX vs FASDX
BPTRX
Baron Partners Fund0.460.600.70
67
Large Cap Growth EquitiesFAGAX vs BPTRX
DNVYX
Davis New York Venture Fund Class Y0.570.690.76
81
Large Cap Growth EquitiesFAGAX vs DNVYX
See all 53 diversifiers for FAGAX

To view more results, upgrade your current subscription plan.

Low-Correlation Stock Ideas

If you're looking for individual stocks that move independently from FAGAX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to FAGAX and solid risk/return profiles. The least correlated is UnitedHealth Group Incorporated (UNH) (Healthcare) with a 1Y correlation of 0.10, roughly unchanged from 0.14 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankSector
UNH
UnitedHealth Group Incorporated0.100.010.14
76
Healthcare
PGEN
Precigen, Inc.0.180.300.41
90
Healthcare

Rows per page

1–2 of 2

Diversification Analysis

Build a portfolio that complements FAGAX

Add FAGAX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.

Analyze a portfolio with FAGAX