Looking to diversify beyond FCMKX? The mutual funds below have the lowest correlation with FCMKX — 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 FCMKX.
Best Diversifiers for FCMKX
16 mutual funds have low correlation with FCMKX (below 0.3), 0 of which are negatively correlated. The least correlated is Fidelity Select Semiconductors Portfolio (FSELX) (Semiconductors) with a 1Y correlation of 0.05, roughly unchanged from 0.07 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity Select Semiconductors Portfolio | 0.05 | 0.06 | 0.07 | 97 | Semiconductors, Technology Equities | FCMKX vs FSELX | |
| Fidelity Blue Chip Growth Fund | 0.10 | 0.11 | 0.10 | 75 | Large Cap Growth Equities | FCMKX vs FBGRX | |
| Fidelity ZERO Large Cap Index Fund | 0.12 | 0.16 | 0.12 | 71 | Large Cap Blend Equities | FCMKX vs FNILX | |
| Fidelity Total Market Index Fund | 0.12 | 0.16 | 0.11 | 71 | Large Cap Blend Equities | FCMKX vs FSKAX | |
| Fidelity 500 Index Fund | 0.12 | 0.16 | 0.11 | 73 | S&P 500 | FCMKX vs FXAIX |
See all 23 diversifiers for FCMKX
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