Looking to diversify beyond FCDTX? The mutual funds below have the lowest correlation with FCDTX — 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 FCDTX.
Best Diversifiers for FCDTX
0 mutual funds have low correlation with FCDTX (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 | FCDTX vs FSELX | |
| Fidelity Blue Chip Growth Fund | 0.62 | 0.65 | 0.75 | 68 | Large Cap Growth Equities | FCDTX vs FBGRX | |
| Fidelity Total International Index Fund | 0.72 | 0.70 | 0.73 | 66 | Foreign Large Cap Equities | FCDTX vs FTIHX | |
| Auer Growth Fund | 0.72 | 0.78 | 0.82 | 86 | Small Cap Blend Equities | FCDTX vs AUERX | |
| Fidelity 500 Index Fund | 0.75 | 0.77 | 0.83 | 65 | S&P 500 | FCDTX vs FXAIX |
See all 34 diversifiers for FCDTX
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