Looking to diversify beyond FCEPX? The mutual funds below have the lowest correlation with FCEPX — 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 FCEPX.
Best Diversifiers for FCEPX
6 mutual funds have low correlation with FCEPX (below 0.3), 0 of which are negatively correlated. The least correlated is Fidelity Select Semiconductors Portfolio (FSELX) (Semiconductors) with a 1Y correlation of 0.09, roughly unchanged from 0.10 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity Select Semiconductors Portfolio | 0.09 | 0.08 | 0.10 | 96 | Semiconductors, Technology Equities | FCEPX vs FSELX | |
| JPMorgan Strategic Income Opportunities Fund Class... | 0.20 | -0.23 | -0.27 | 99 | Total Bond Market | FCEPX vs JSOSX | |
| Fidelity Blue Chip Growth Fund | 0.21 | 0.15 | 0.14 | 73 | Large Cap Growth Equities | FCEPX vs FBGRX | |
| Fidelity Conservative Income Bond Institutional Cl... | 0.27 | 0.35 | 0.33 | 99 | Total Bond Market | FCEPX vs FCNVX | |
| Fidelity Flex Conservative Income Bond Fund | 0.28 | 0.28 | 0.28 | 99 | Total Bond Market | FCEPX vs FJTDX |
See all 17 diversifiers for FCEPX
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