Looking to diversify beyond FCVIX? The mutual funds below have the lowest correlation with FCVIX — 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 FCVIX.
Best Diversifiers for FCVIX
0 mutual funds have low correlation with FCVIX (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 0.40, down from 0.58 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Aegis Value Fund | 0.40 | 0.52 | 0.58 | 94 | Small Cap Value Equities | FCVIX vs AVALX | |
| Fidelity Emerging Markets Index Fund | 0.50 | 0.52 | 0.56 | 89 | Emerging Markets Diversified | FCVIX vs FPADX | |
| Fidelity Blue Chip Growth Fund | 0.50 | 0.54 | 0.65 | 75 | Large Cap Growth Equities | FCVIX vs FBGRX | |
| Fidelity Growth Company K6 Fund | 0.51 | 0.56 | 0.66 | 85 | Large Cap Growth Equities | FCVIX vs FGKFX | |
| BNY Mellon Natural Resources Fund | 0.51 | 0.62 | 0.65 | 89 | Energy Equities | FCVIX vs DLDRX |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements FCVIX
Add FCVIX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with FCVIX