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Fidelity Agricultural Productivity Fund (FARMX) Diversifiers

Mutual Fund · Currency in USD · Last updated Jun 3, 2026

Normally the fund invests at least 80% of assets in securities of agricultural productivity companies. Normally it invests primarily in equity securities. Such companies may include but are not limited to those involved in farm machinery, farm machinery parts and equipment, irrigation, agricultural efficiency and services, agricultural science and biotechnology, fertilizers, pesticide and crop protection, seed manufacturers, crop chemicals, agricultural products and processors, processed food producers, aquatic farming, and livestock services.

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

Best Diversifiers for FARMX

11 mutual funds have low correlation with FARMX (below 0.3), 0 of which are negatively correlated. The least correlated is Fidelity Advisor Growth Opportunities Fund Class A (FAGAX) (Large Cap Growth Equities) with a 1Y correlation of 0.01, down from 0.37 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
FAGAX
Fidelity Advisor Growth Opportunities Fund Class A0.010.230.37
53
Large Cap Growth EquitiesFARMX vs FAGAX
FBGRX
Fidelity Blue Chip Growth Fund0.020.220.37
75
Large Cap Growth EquitiesFARMX vs FBGRX
PRGTX
T. Rowe Price Global Technology Fund0.030.190.28
91
Technology EquitiesFARMX vs PRGTX
FELAX
Fidelity Advisor Semiconductors Fund Class A0.070.220.34
97
Technology EquitiesFARMX vs FELAX
FSELX
Fidelity Select Semiconductors Portfolio0.090.220.34
97
Semiconductors, Technology EquitiesFARMX vs FSELX
See all 36 diversifiers for FARMX

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Low-Correlation Stock Ideas

If you're looking for individual stocks that move independently from FARMX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to FARMX and solid risk/return profiles. The least correlated is Alphabet Inc Class A (GOOGL) (Communication Services) with a 1Y correlation of 0.04, down from 0.24 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankSector
GOOGL
Alphabet Inc Class A0.040.130.24
96
Communication Services

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Diversification Analysis

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