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Fidelity Advisor International Capital Appreciation Fund Class I (FCPIX) Diversifiers

Mutual Fund · Currency in USD · Last updated Jun 3, 2026

The fund invests primarily in non-U.S. securities, including securities of issuers located in emerging markets. It invests primarily in common stocks. The advisor allocates investments across different countries and regions. The advisor uses fundamental analysis of factors such as each issuer's financial condition and industry position, as well as market and economic conditions, to select investments.

Looking to diversify beyond FCPIX? The mutual funds below have the lowest correlation with FCPIX — 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 FCPIX.

Best Diversifiers for FCPIX

0 mutual funds have low correlation with FCPIX (below 0.3), 0 of which are negatively correlated. The least correlated is PIMCO RAE PLUS International Fund (PTSIX) (Foreign Large Cap Equities) with a 1Y correlation of 0.49, roughly unchanged from 0.53 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
PTSIX
PIMCO RAE PLUS International Fund0.490.500.53
83
Foreign Large Cap EquitiesFCPIX vs PTSIX
SAHMX
SA International Value Fund0.500.530.60
90
Foreign Large Cap EquitiesFCPIX vs SAHMX
KGIIX
Kopernik International Fund0.540.410.52
82
Foreign Large Cap EquitiesFCPIX vs KGIIX
EPDPX
EuroPac International Dividend Income Fund Class A0.540.540.58
88
Foreign Large Cap Equities, DividendFCPIX vs EPDPX
EPDIX
EuroPac International Dividend Income Fund0.550.540.58
89
Foreign Large Cap EquitiesFCPIX vs EPDIX
See all 26 diversifiers for FCPIX

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Low-Correlation Stock Ideas

If you're looking for individual stocks that move independently from FCPIX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to FCPIX and solid risk/return profiles. The least correlated is AbbVie Inc. (ABBV) (Healthcare) with a 1Y correlation of 0.08, roughly unchanged from 0.18 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankSector
ABBV
AbbVie Inc.0.080.140.18
62
Healthcare
NVDA
NVIDIA Corporation0.440.500.59
82
Technology
AVGO
Broadcom Inc.0.490.540.59
86
Technology
AMZN
Amazon.com, Inc0.530.520.56
63
Consumer Cyclical

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Diversification Analysis

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Analyze a portfolio with FCPIX