Looking to diversify beyond FCMQX? The mutual funds below have the lowest correlation with FCMQX — 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 FCMQX.
Best Diversifiers for FCMQX
15 mutual funds have low correlation with FCMQX (below 0.3), 0 of which are negatively correlated. The least correlated is Fidelity Select Semiconductors Portfolio (FSELX) (Semiconductors) with a 1Y correlation of 0.06, roughly unchanged from 0.06 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity Select Semiconductors Portfolio | 0.06 | 0.06 | 0.06 | 96 | Semiconductors, Technology Equities | FCMQX vs FSELX | |
| Fidelity Blue Chip Growth Fund | 0.14 | 0.12 | 0.10 | 73 | Large Cap Growth Equities | FCMQX vs FBGRX | |
| Fidelity ZERO Total Market Index Fund | 0.16 | 0.17 | 0.12 | 66 | Large Cap Blend Equities | FCMQX vs FZROX | |
| Fidelity Total Market Index Fund | 0.16 | 0.16 | 0.11 | 65 | Large Cap Blend Equities | FCMQX vs FSKAX | |
| Fidelity ZERO Large Cap Index Fund | 0.17 | 0.17 | 0.12 | 63 | Large Cap Blend Equities | FCMQX vs FNILX |
See all 25 diversifiers for FCMQX
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