Looking to diversify beyond FAGKX? The mutual funds below have the lowest correlation with FAGKX — 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 FAGKX.
Best Diversifiers for FAGKX
0 mutual funds have low correlation with FAGKX (below 0.3), 0 of which are negatively correlated. The least correlated is Fidelity Select Semiconductors Portfolio (FSELX) (Semiconductors) with a 1Y correlation of 0.67, down from 0.77 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity Select Semiconductors Portfolio | 0.67 | 0.71 | 0.77 | 97 | Semiconductors, Technology Equities | FAGKX vs FSELX | |
| Fidelity Total International Index Fund | 0.68 | 0.67 | 0.71 | 59 | Foreign Large Cap Equities | FAGKX vs FTIHX | |
| Essex Environmental Opportunities Fund | 0.73 | 0.76 | 0.80 | 72 | Mid Cap Growth Equities | FAGKX vs EEOFX | |
| Fidelity Blue Chip Growth Fund | 0.76 | 0.79 | 0.85 | 75 | Large Cap Growth Equities | FAGKX vs FBGRX | |
| Fidelity Growth Company Fund | 0.77 | 0.79 | 0.86 | 78 | Large Cap Growth Equities | FAGKX vs FDGRX |
See all 19 diversifiers for FAGKX
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