Looking to diversify beyond FBCVX? The mutual funds below have the lowest correlation with FBCVX — 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 FBCVX.
Best Diversifiers for FBCVX
0 mutual funds have low correlation with FBCVX (below 0.3), 0 of which are negatively correlated. The least correlated is Fidelity Global Commodity Stock Fund (FFGCX) (Commodities) with a 1Y correlation of 0.38, down from 0.60 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity Global Commodity Stock Fund | 0.38 | 0.51 | 0.60 | 68 | Commodities | FBCVX vs FFGCX | |
| Federated Hermes Strategic Value Dividend Fund | 0.42 | 0.59 | 0.72 | 80 | Large Cap Value Equities | FBCVX vs SVAIX | |
| Fidelity Select Semiconductors Portfolio | 0.47 | 0.35 | 0.45 | 96 | Semiconductors, Technology Equities | FBCVX vs FSELX | |
| Fidelity Blue Chip Growth K6 Fund | 0.50 | 0.40 | 0.52 | 66 | Large Cap Growth Equities | FBCVX vs FBCGX | |
| Fidelity Blue Chip Growth Fund Class K | 0.50 | 0.39 | 0.51 | 68 | Large Cap Growth Equities | FBCVX vs FBGKX |
See all 43 diversifiers for FBCVX
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