Looking to diversify beyond FCDCX? The mutual funds below have historically moved differently from FCDCX, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
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 0.67, roughly unchanged from 0.68 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity Select Semiconductors Portfolio | 0.67 | 0.62 | 0.68 | 80 | Semiconductors, Technology Equities | FCDCX vs FSELX | |
| DFA International Small Company Portfolio | 0.67 | 0.67 | 0.71 | 60 | Foreign Small & Mid Cap Equities, Small Cap Blend Equities | FCDCX vs DFISX | |
| Auer Growth Fund | 0.69 | 0.76 | 0.81 | 91 | Small Cap Blend Equities | FCDCX vs AUERX | |
| Fidelity International Index Fund | 0.70 | 0.67 | 0.71 | 70 | Foreign Large Cap Equities | FCDCX vs FSPSX | |
| Hennessy Cornerstone Growth Fund | 0.71 | 0.83 | 0.83 | 53 | Small Cap Blend Equities | FCDCX vs HFCGX |
To view more results, upgrade your current subscription plan.
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