Looking to diversify beyond FCSSX? The mutual funds below have the lowest correlation with FCSSX — 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 FCSSX.
Best Diversifiers for FCSSX
10 mutual funds have low correlation with FCSSX (below 0.3), 8 of which are negatively correlated. The least correlated is Fidelity Blue Chip Growth Fund (FBGRX) (Large Cap Growth Equities) with a 1Y correlation of -0.06, down from 0.15 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity Blue Chip Growth Fund | -0.06 | 0.09 | 0.15 | 75 | Large Cap Growth Equities | FCSSX vs FBGRX | |
| Fidelity Total Market Index Fund | -0.04 | 0.12 | 0.19 | 71 | Large Cap Blend Equities | FCSSX vs FSKAX | |
| Fidelity ZERO Large Cap Index Fund | -0.04 | 0.11 | 0.19 | 71 | Large Cap Blend Equities | FCSSX vs FNILX | |
| Fidelity ZERO Total Market Index Fund | -0.04 | 0.12 | 0.20 | 72 | Large Cap Blend Equities | FCSSX vs FZROX | |
| Fidelity 500 Index Fund | -0.04 | 0.11 | 0.19 | 75 | S&P 500 | FCSSX vs FXAIX |
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