Looking to diversify beyond FCCNX? The mutual funds below have the lowest correlation with FCCNX — 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 FCCNX.
Best Diversifiers for FCCNX
0 mutual funds have low correlation with FCCNX (below 0.3), 0 of which are negatively correlated. The least correlated is Fidelity Select Semiconductors Portfolio (FSELX) (Semiconductors) with a 1Y correlation of 0.34, down from 0.52 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity Select Semiconductors Portfolio | 0.34 | 0.44 | 0.52 | 97 | Semiconductors, Technology Equities | FCCNX vs FSELX | |
| PIMCO RAE PLUS International Fund | 0.41 | 0.46 | 0.53 | 81 | Foreign Large Cap Equities | FCCNX vs PTSIX | |
| SA International Value Fund | 0.46 | 0.52 | 0.64 | 87 | Foreign Large Cap Equities | FCCNX vs SAHMX | |
| Fidelity Blue Chip Growth Fund | 0.46 | 0.52 | 0.60 | 75 | Large Cap Growth Equities | FCCNX vs FBGRX | |
| Thornburg Global Opportunities Fund | 0.47 | 0.61 | 0.71 | 94 | Foreign Large Cap Equities | FCCNX vs THOIX |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements FCCNX
Add FCCNX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with FCCNX