Looking to diversify beyond FHVCX? The mutual funds below have the lowest correlation with FHVCX — 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 FHVCX.
Best Diversifiers for FHVCX
0 mutual funds have low correlation with FHVCX (below 0.3), 0 of which are negatively correlated. The least correlated is Fidelity Select Semiconductors Portfolio (FSELX) (Semiconductors) with a 1Y correlation of 0.72, roughly unchanged from 0.76 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity Select Semiconductors Portfolio | 0.72 | 0.72 | 0.76 | 97 | Semiconductors, Technology Equities | FHVCX vs FSELX | |
| Dimensional Retirement Income Fund | 0.77 | 0.83 | 0.79 | 83 | Target Retirement Date | FHVCX vs TDIFX | |
| Fidelity Blue Chip Growth Fund | 0.81 | 0.81 | 0.85 | 75 | Large Cap Growth Equities | FHVCX vs FBGRX | |
| Voya Target In-Retirement Fund | 0.85 | 0.87 | 0.87 | 82 | Target Retirement Date | FHVCX vs ISOLX | |
| Prudential Day One Income Fund | 0.85 | 0.87 | 0.87 | 85 | Target Retirement Date | FHVCX vs PDAHX |
See all 48 diversifiers for FHVCX
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