Looking to diversify beyond FCDAX? The mutual funds below have the lowest correlation with FCDAX — 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 FCDAX.
Best Diversifiers for FCDAX
0 mutual funds have low correlation with FCDAX (below 0.3), 0 of which are negatively correlated. The least correlated is Fidelity Blue Chip Growth Fund (FBGRX) (Large Cap Growth Equities) with a 1Y correlation of 0.62, down from 0.74 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity Blue Chip Growth Fund | 0.62 | 0.64 | 0.74 | 75 | Large Cap Growth Equities | FCDAX vs FBGRX | |
| Fidelity Select Semiconductors Portfolio | 0.63 | 0.61 | 0.68 | 97 | Semiconductors, Technology Equities | FCDAX vs FSELX | |
| Fidelity Total International Index Fund | 0.70 | 0.70 | 0.73 | 58 | Foreign Large Cap Equities | FCDAX vs FTIHX | |
| Northern Income Equity Fund | 0.71 | 0.77 | 0.82 | 83 | Large Cap Value Equities | FCDAX vs NOIEX | |
| Auer Growth Fund | 0.72 | 0.78 | 0.82 | 90 | Small Cap Blend Equities | FCDAX vs AUERX |
See all 34 diversifiers for FCDAX
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