Looking to diversify beyond FCTGX? The mutual funds below have the lowest correlation with FCTGX — 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 FCTGX.
Best Diversifiers for FCTGX
0 mutual funds have low correlation with FCTGX (below 0.3), 0 of which are negatively correlated. The least correlated is Fidelity Select Semiconductors Portfolio (FSELX) (Semiconductors) with a 1Y correlation of 0.71, roughly unchanged from 0.74 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity Select Semiconductors Portfolio | 0.71 | 0.69 | 0.74 | 97 | Semiconductors, Technology Equities | FCTGX vs FSELX | |
| Fidelity Total International Index Fund | 0.72 | 0.69 | 0.72 | 58 | Foreign Large Cap Equities | FCTGX vs FTIHX | |
| Fidelity Blue Chip Growth Fund | 0.75 | 0.74 | 0.82 | 75 | Large Cap Growth Equities | FCTGX vs FBGRX | |
| Fidelity 500 Index Fund | 0.82 | 0.81 | 0.84 | 73 | S&P 500 | FCTGX vs FXAIX | |
| Fidelity ZERO Large Cap Index Fund | 0.83 | 0.81 | 0.85 | 71 | Large Cap Blend Equities | FCTGX vs FNILX |
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