Looking to diversify beyond FCBFX? The mutual funds below have the lowest correlation with FCBFX — 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 FCBFX.
Best Diversifiers for FCBFX
4 mutual funds have low correlation with FCBFX (below 0.3), 0 of which are negatively correlated. The least correlated is Fidelity Select Semiconductors Portfolio (FSELX) (Semiconductors) with a 1Y correlation of 0.14, roughly unchanged from 0.11 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity Select Semiconductors Portfolio | 0.14 | 0.11 | 0.11 | 97 | Semiconductors, Technology Equities | FCBFX vs FSELX | |
| Fidelity Emerging Markets | 0.21 | 0.18 | 0.14 | 85 | Emerging Markets Equities | FCBFX vs FEMKX | |
| Fidelity Blue Chip Growth Fund | 0.22 | 0.18 | 0.15 | 75 | Large Cap Growth Equities | FCBFX vs FBGRX | |
| Fidelity Mega Cap Stock Fund | 0.23 | 0.19 | 0.11 | 83 | Large Cap Blend Equities | FCBFX vs FGRTX | |
| Fidelity 500 Index Fund | 0.31 | 0.25 | 0.19 | 75 | S&P 500 | FCBFX vs FXAIX |
See all 19 diversifiers for FCBFX
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