Looking to diversify beyond FCGLX? The mutual funds below have the lowest correlation with FCGLX — 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 FCGLX.
Best Diversifiers for FCGLX
0 mutual funds have low correlation with FCGLX (below 0.3), 0 of which are negatively correlated. The least correlated is Fidelity Select Semiconductors Portfolio (FSELX) (Semiconductors) with a 1Y correlation of 0.74, roughly unchanged from 0.77 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity Select Semiconductors Portfolio | 0.74 | 0.74 | 0.77 | 96 | Semiconductors, Technology Equities | FCGLX vs FSELX | |
| Dimensional Retirement Income Fund | 0.78 | 0.79 | 0.75 | 77 | Target Retirement Date | FCGLX vs TDIFX | |
| Fidelity Blue Chip Growth Fund | 0.80 | 0.77 | 0.79 | 73 | Large Cap Growth Equities | FCGLX vs FBGRX | |
| Prudential Day One Income Fund | 0.82 | 0.82 | 0.83 | 79 | Target Retirement Date | FCGLX vs PDAHX | |
| Fidelity Advisor Managed Retirement Income Fund Cl... | 0.84 | 0.78 | 0.75 | 65 | Target Retirement Date | FCGLX vs FRIMX |
See all 55 diversifiers for FCGLX
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