Looking to diversify beyond FCVCX? The mutual funds below have the lowest correlation with FCVCX — 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 FCVCX.
Best Diversifiers for FCVCX
0 mutual funds have low correlation with FCVCX (below 0.3), 0 of which are negatively correlated. The least correlated is Aegis Value Fund (AVALX) (Small Cap Value Equities) with a 1Y correlation of 0.42, down from 0.59 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Aegis Value Fund | 0.42 | 0.52 | 0.59 | 87 | Small Cap Value Equities | FCVCX vs AVALX | |
| Fidelity Blue Chip Growth Fund | 0.51 | 0.55 | 0.66 | 73 | Large Cap Growth Equities | FCVCX vs FBGRX | |
| Fidelity Select Semiconductors Portfolio | 0.51 | 0.51 | 0.60 | 96 | Semiconductors, Technology Equities | FCVCX vs FSELX | |
| Fidelity Total International Index Fund | 0.68 | 0.67 | 0.72 | 62 | Foreign Large Cap Equities | FCVCX vs FTIHX | |
| Fidelity 500 Index Fund | 0.70 | 0.72 | 0.78 | 66 | S&P 500 | FCVCX vs FXAIX |
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