Looking to diversify beyond FDGLX? The mutual funds below have the lowest correlation with FDGLX — 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 FDGLX.
Best Diversifiers for FDGLX
0 mutual funds have low correlation with FDGLX (below 0.3), 0 of which are negatively correlated. The least correlated is Fidelity Select Semiconductors Portfolio (FSELX) (Semiconductors) with a 1Y correlation of 0.70, roughly unchanged from 0.73 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity Select Semiconductors Portfolio | 0.70 | 0.69 | 0.73 | 96 | Semiconductors, Technology Equities | FDGLX vs FSELX | |
| Fidelity Blue Chip Growth Fund | 0.81 | 0.78 | 0.82 | 68 | Large Cap Growth Equities | FDGLX vs FBGRX | |
| Dimensional Retirement Income Fund | 0.82 | 0.86 | 0.82 | 70 | Target Retirement Date | FDGLX vs TDIFX | |
| Prudential Day One Income Fund | 0.87 | 0.89 | 0.89 | 78 | Target Retirement Date | FDGLX vs PDAHX | |
| MFS Lifetime 2025 Fund | 0.87 | 0.89 | 0.92 | 61 | Target Retirement Date | FDGLX vs LTTIX |
See all 63 diversifiers for FDGLX
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