Looking to diversify beyond FCNSX? The mutual funds below have the lowest correlation with FCNSX — 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 FCNSX.
Best Diversifiers for FCNSX
0 mutual funds have low correlation with FCNSX (below 0.3), 0 of which are negatively correlated. The least correlated is Fidelity Select Semiconductors Portfolio (FSELX) (Semiconductors) with a 1Y correlation of 0.37, down from 0.53 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity Select Semiconductors Portfolio | 0.37 | 0.45 | 0.53 | 97 | Semiconductors, Technology Equities | FCNSX vs FSELX | |
| PIMCO RAE PLUS International Fund | 0.41 | 0.46 | 0.54 | 81 | Foreign Large Cap Equities | FCNSX vs PTSIX | |
| SA International Value Fund | 0.47 | 0.53 | 0.65 | 87 | Foreign Large Cap Equities | FCNSX vs SAHMX | |
| Thornburg Global Opportunities Fund | 0.48 | 0.61 | 0.71 | 94 | Foreign Large Cap Equities | FCNSX vs THOIX | |
| Fidelity Blue Chip Growth Fund | 0.49 | 0.54 | 0.61 | 75 | Large Cap Growth Equities | FCNSX vs FBGRX |
See all 28 diversifiers for FCNSX
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