Looking to diversify beyond FICNX? The mutual funds below have the lowest correlation with FICNX — 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 FICNX.
Best Diversifiers for FICNX
15 mutual funds have low correlation with FICNX (below 0.3), 0 of which are negatively correlated. The least correlated is Fidelity Select Semiconductors Portfolio (FSELX) (Semiconductors) with a 1Y correlation of 0.07, roughly unchanged from 0.06 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity Select Semiconductors Portfolio | 0.07 | 0.05 | 0.06 | 96 | Semiconductors, Technology Equities | FICNX vs FSELX | |
| Fidelity Blue Chip Growth Fund | 0.16 | 0.11 | 0.10 | 73 | Large Cap Growth Equities | FICNX vs FBGRX | |
| Fidelity Total Market Index Fund | 0.18 | 0.15 | 0.12 | 65 | Large Cap Blend Equities | FICNX vs FSKAX | |
| Fidelity 500 Index Fund | 0.19 | 0.15 | 0.12 | 66 | S&P 500 | FICNX vs FXAIX | |
| Fidelity ZERO Large Cap Index Fund | 0.19 | 0.15 | 0.12 | 63 | Large Cap Blend Equities | FICNX vs FNILX |
See all 27 diversifiers for FICNX
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