Looking to diversify beyond FCIGX? The mutual funds below have the lowest correlation with FCIGX — 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 FCIGX.
Best Diversifiers for FCIGX
0 mutual funds have low correlation with FCIGX (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 0.68, roughly unchanged from 0.75 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity Blue Chip Growth Fund | 0.68 | 0.67 | 0.75 | 73 | Large Cap Growth Equities | FCIGX vs FBGRX | |
| Fidelity Select Semiconductors Portfolio | 0.71 | 0.69 | 0.74 | 96 | Semiconductors, Technology Equities | FCIGX vs FSELX | |
| Fidelity Total International Index Fund | 0.74 | 0.70 | 0.73 | 62 | Foreign Large Cap Equities | FCIGX vs FTIHX | |
| Fidelity 500 Index Fund | 0.82 | 0.81 | 0.84 | 66 | S&P 500 | FCIGX vs FXAIX | |
| Fidelity ZERO Large Cap Index Fund | 0.82 | 0.81 | 0.85 | 63 | Large Cap Blend Equities | FCIGX vs FNILX |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements FCIGX
Add FCIGX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with FCIGX