Looking to diversify beyond FCLIX? The mutual funds below have the lowest correlation with FCLIX — 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 FCLIX.
Best Diversifiers for FCLIX
0 mutual funds have low correlation with FCLIX (below 0.3), 0 of which are negatively correlated. The least correlated is Fidelity Select Semiconductors Portfolio (FSELX) (Semiconductors) with a 1Y correlation of 0.59, roughly unchanged from 0.65 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity Select Semiconductors Portfolio | 0.59 | 0.60 | 0.65 | 96 | Semiconductors, Technology Equities | FCLIX vs FSELX | |
| Fidelity Blue Chip Growth Fund | 0.61 | 0.64 | 0.69 | 68 | Large Cap Growth Equities | FCLIX vs FBGRX | |
| Fidelity Total International Index Fund | 0.65 | 0.63 | 0.67 | 66 | Foreign Large Cap Equities | FCLIX vs FTIHX | |
| Fidelity 500 Index Fund | 0.71 | 0.75 | 0.81 | 65 | S&P 500 | FCLIX vs FXAIX | |
| Fidelity ZERO Large Cap Index Fund | 0.71 | 0.75 | 0.80 | 62 | Large Cap Blend Equities | FCLIX vs FNILX |
See all 9 diversifiers for FCLIX
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