Looking to diversify beyond FCBTX? The mutual funds below have the lowest correlation with FCBTX — 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 FCBTX.
Best Diversifiers for FCBTX
3 mutual funds have low correlation with FCBTX (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 0.12 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity Select Semiconductors Portfolio | 0.14 | 0.12 | 0.12 | 97 | Semiconductors, Technology Equities | FCBTX vs FSELX | |
| Fidelity Blue Chip Growth Fund | 0.21 | 0.18 | 0.15 | 75 | Large Cap Growth Equities | FCBTX vs FBGRX | |
| Fidelity 500 Index Fund | 0.30 | 0.25 | 0.19 | 73 | S&P 500 | FCBTX vs FXAIX | |
| Fidelity ZERO Large Cap Index Fund | 0.30 | 0.26 | 0.19 | 71 | Large Cap Blend Equities | FCBTX vs FNILX | |
| Fidelity Total Market Index Fund | 0.30 | 0.26 | 0.19 | 71 | Large Cap Blend Equities | FCBTX vs FSKAX |
See all 10 diversifiers for FCBTX
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