Looking to diversify beyond FGKPX? The mutual funds below have the lowest correlation with FGKPX — 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 FGKPX.
Best Diversifiers for FGKPX
0 mutual funds have low correlation with FGKPX (below 0.3), 0 of which are negatively correlated. The least correlated is Pzena Emerging Markets Value Fund Institutional Class (PZIEX) (Emerging Markets Equities) with a 1Y correlation of 0.52, down from 0.67 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Pzena Emerging Markets Value Fund Institutional Cl... | 0.52 | 0.63 | 0.67 | 55 | Emerging Markets Equities | FGKPX vs PZIEX | |
| Fidelity Blue Chip Growth Fund | 0.59 | 0.53 | 0.56 | 73 | Large Cap Growth Equities | FGKPX vs FBGRX | |
| Fidelity ZERO Large Cap Index Fund | 0.59 | 0.55 | 0.57 | 63 | Large Cap Blend Equities | FGKPX vs FNILX | |
| Fidelity Select Semiconductors Portfolio | 0.59 | 0.52 | 0.53 | 96 | Semiconductors, Technology Equities | FGKPX vs FSELX | |
| Fidelity Total Market Index Fund | 0.60 | 0.55 | 0.57 | 65 | Large Cap Blend Equities | FGKPX vs FSKAX |
See all 44 diversifiers for FGKPX
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