Looking to diversify beyond FCDCX? The mutual funds below have the lowest correlation with FCDCX — 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 FCDCX.
Best Diversifiers for FCDCX
0 mutual funds have low correlation with FCDCX (below 0.3), 0 of which are negatively correlated. The least correlated is Fidelity Select Semiconductors Portfolio (FSELX) (Semiconductors) with a 1Y correlation of 0.62, roughly unchanged from 0.68 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity Select Semiconductors Portfolio | 0.62 | 0.61 | 0.68 | 96 | Semiconductors, Technology Equities | FCDCX vs FSELX | |
| Fidelity Blue Chip Growth Fund | 0.62 | 0.65 | 0.75 | 73 | Large Cap Growth Equities | FCDCX vs FBGRX | |
| Fidelity Total International Index Fund | 0.72 | 0.70 | 0.73 | 62 | Foreign Large Cap Equities | FCDCX vs FTIHX | |
| Auer Growth Fund | 0.72 | 0.78 | 0.82 | 83 | Small Cap Blend Equities | FCDCX vs AUERX | |
| Fidelity ZERO Large Cap Index Fund | 0.76 | 0.78 | 0.83 | 63 | Large Cap Blend Equities | FCDCX vs FNILX |
See all 29 diversifiers for FCDCX
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements FCDCX
Add FCDCX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with FCDCX