Looking to diversify beyond FCLSX? The mutual funds below have the lowest correlation with FCLSX — 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 FCLSX.
Best Diversifiers for FCLSX
0 mutual funds have low correlation with FCLSX (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 | 0.73 | 0.77 | 96 | Semiconductors, Technology Equities | FCLSX vs FSELX | |
| Dimensional Retirement Income Fund | 0.79 | 0.80 | 0.76 | 77 | Target Retirement Date | FCLSX vs TDIFX | |
| Prudential Day One Income Fund | 0.83 | 0.83 | 0.84 | 79 | Target Retirement Date | FCLSX vs PDAHX | |
| MFS Lifetime 2025 Fund | 0.84 | 0.85 | 0.88 | 61 | Target Retirement Date | FCLSX vs LTTIX | |
| Fidelity Advisor Managed Retirement 2010 Fund Clas... | 0.85 | 0.80 | 0.79 | 65 | Target Retirement Date | FCLSX vs FRQIX |
See all 61 diversifiers for FCLSX
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements FCLSX
Add FCLSX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with FCLSX