Looking to diversify beyond FCTFX? The mutual funds below have the lowest correlation with FCTFX — 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 FCTFX.
Best Diversifiers for FCTFX
19 mutual funds have low correlation with FCTFX (below 0.3), 1 of which are negatively correlated. The least correlated is DFA California Municipal Real Return Portfolio (DCARX) (Municipal Bonds) with a 1Y correlation of -0.00, down from 0.22 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| DFA California Municipal Real Return Portfolio | -0.00 | 0.18 | 0.22 | 95 | Municipal Bonds | FCTFX vs DCARX | |
| DFA Municipal Real Return Portfolio | 0.05 | 0.22 | 0.24 | 94 | Municipal Bonds | FCTFX vs DMREX | |
| Fidelity Select Semiconductors Portfolio | 0.06 | 0.06 | 0.06 | 96 | Semiconductors, Technology Equities | FCTFX vs FSELX | |
| Fidelity Blue Chip Growth Fund | 0.14 | 0.11 | 0.10 | 73 | Large Cap Growth Equities | FCTFX vs FBGRX | |
| Fidelity ZERO Large Cap Index Fund | 0.18 | 0.16 | 0.12 | 63 | Large Cap Blend Equities | FCTFX vs FNILX |
See all 39 diversifiers for FCTFX
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