Looking to diversify beyond FIASX? The mutual funds below have the lowest correlation with FIASX — 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 FIASX.
Best Diversifiers for FIASX
0 mutual funds have low correlation with FIASX (below 0.3), 0 of which are negatively correlated. The least correlated is Fidelity Select Semiconductors Portfolio (FSELX) (Semiconductors) with a 1Y correlation of 0.54, roughly unchanged from 0.58 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity Select Semiconductors Portfolio | 0.54 | 0.51 | 0.58 | 96 | Semiconductors, Technology Equities | FIASX vs FSELX | |
| Fidelity Blue Chip Growth Fund | 0.62 | 0.56 | 0.63 | 73 | Large Cap Growth Equities | FIASX vs FBGRX | |
| Hood River International Opportunity Fund | 0.69 | 0.70 | — | 95 | Foreign Small & Mid Cap Equities | FIASX vs HRIOX | |
| Hood River International Opportunity Fund Investor... | 0.69 | — | — | 95 | Foreign Small & Mid Cap Equities | FIASX vs HRIIX | |
| Fidelity ZERO Large Cap Index Fund | 0.70 | 0.64 | 0.69 | 63 | Large Cap Blend Equities | FIASX vs FNILX |
See all 18 diversifiers for FIASX
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