Looking to diversify beyond FCSTX? The mutual funds below have the lowest correlation with FCSTX — 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 FCSTX.
Best Diversifiers for FCSTX
15 mutual funds have low correlation with FCSTX (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 0.03 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity Select Semiconductors Portfolio | 0.06 | 0.04 | 0.03 | 96 | Semiconductors, Technology Equities | FCSTX vs FSELX | |
| DFA Municipal Real Return Portfolio | 0.08 | 0.23 | 0.25 | 94 | Municipal Bonds | FCSTX vs DMREX | |
| Fidelity Blue Chip Growth Fund | 0.14 | 0.10 | 0.06 | 73 | Large Cap Growth Equities | FCSTX vs FBGRX | |
| Fidelity ZERO Total Market Index Fund | 0.15 | 0.15 | 0.09 | 66 | Large Cap Blend Equities | FCSTX vs FZROX | |
| Fidelity ZERO Large Cap Index Fund | 0.15 | 0.14 | 0.09 | 63 | Large Cap Blend Equities | FCSTX vs FNILX |
See all 32 diversifiers for FCSTX
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