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
1 mutual funds have low correlation with FBCVX (below 0.3), 0 of which are negatively correlated. The least correlated is Voya Corporate Leaders Trust Fund (LEXCX) (Large Cap Value Equities) with a 1Y correlation of 0.28, down from 0.69 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Voya Corporate Leaders Trust Fund | 0.28 | 0.57 | 0.69 | 70 | Large Cap Value Equities | FBCVX vs LEXCX | |
| Fidelity Global Commodity Stock Fund | 0.38 | 0.50 | 0.60 | 65 | Commodities | FBCVX vs FFGCX | |
| Federated Hermes Strategic Value Dividend Fund | 0.39 | 0.57 | 0.71 | 84 | Large Cap Value Equities | FBCVX vs SVAIX | |
| Buffalo Flexible Income Fund | 0.44 | 0.64 | 0.77 | 60 | Large Cap Value Equities | FBCVX vs BUFBX | |
| Fidelity Select Semiconductors Portfolio | 0.49 | 0.35 | 0.45 | 92 | Semiconductors, Technology Equities | FBCVX vs FSELX |
See all 49 diversifiers for FBCVX
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements FBCVX
Add FBCVX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with FBCVX