Looking to diversify beyond FASPX? The mutual funds below have the lowest correlation with FASPX — 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 FASPX.
Best Diversifiers for FASPX
0 mutual funds have low correlation with FASPX (below 0.3), 0 of which are negatively correlated. The least correlated is Fidelity Blue Chip Growth Fund (FBGRX) (Large Cap Growth Equities) with a 1Y correlation of 0.50, down from 0.65 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity Blue Chip Growth Fund | 0.50 | 0.55 | 0.65 | 73 | Large Cap Growth Equities | FASPX vs FBGRX | |
| Fidelity Select Semiconductors Portfolio | 0.51 | 0.52 | 0.60 | 96 | Semiconductors, Technology Equities | FASPX vs FSELX | |
| Fidelity ZERO Large Cap Index Fund | 0.69 | 0.73 | 0.79 | 63 | Large Cap Blend Equities | FASPX vs FNILX | |
| Fidelity 500 Index Fund | 0.70 | 0.73 | 0.79 | 66 | S&P 500 | FASPX vs FXAIX | |
| Fidelity Total International Index Fund | 0.71 | 0.70 | 0.74 | 62 | Foreign Large Cap Equities | FASPX vs FTIHX |
See all 55 diversifiers for FASPX
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