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 Blue Chip Growth Fund (FBGRX) (Large Cap Growth Equities) with a 1Y correlation of 0.61, 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 | 0.61 | 0.64 | 0.74 | 75 | Large Cap Growth Equities | FCDTX vs FBGRX | |
| Fidelity Select Semiconductors Portfolio | 0.62 | 0.61 | 0.68 | 97 | Semiconductors, Technology Equities | FCDTX vs FSELX | |
| Fidelity Total International Index Fund | 0.69 | 0.69 | 0.73 | 58 | Foreign Large Cap Equities | FCDTX vs FTIHX | |
| Auer Growth Fund | 0.72 | 0.78 | 0.82 | 90 | Small Cap Blend Equities | FCDTX vs AUERX | |
| Fidelity ZERO Large Cap Index Fund | 0.76 | 0.77 | 0.83 | 71 | Large Cap Blend Equities | FCDTX vs FNILX |
See all 33 diversifiers for FCDTX
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