Looking to diversify beyond FCVIX? The mutual funds below have historically moved differently from FCVIX, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
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 Class I (AVALX) (Small Cap Value Equities) with a 1Y correlation of 0.41, down from 0.57 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Aegis Value Fund Class I | 0.41 | 0.49 | 0.57 | 94 | Small Cap Value Equities | FCVIX vs AVALX | |
| BNY Mellon Natural Resources Fund | 0.47 | 0.59 | 0.63 | 85 | Energy Equities | FCVIX vs DLDRX | |
| Fidelity Growth Company K6 Fund | 0.52 | 0.56 | 0.66 | 61 | Large Cap Growth Equities | FCVIX vs FGKFX | |
| Fidelity Select Semiconductors Portfolio | 0.53 | 0.50 | 0.60 | 80 | Semiconductors, Technology Equities | FCVIX vs FSELX | |
| Fidelity Emerging Markets Index Fund | 0.55 | 0.52 | 0.56 | 62 | Emerging Markets Equities | FCVIX vs FPADX |
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