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Fidelity Advisor Small Cap Growth Fund Class Z (FIDGX) Diversifiers

Mutual Fund · Currency in USD · Last updated Jun 24, 2026

The investment seeks capital appreciation. The fund invests primarily in common stocks. It invests at least 80% of its assets in securities of companies with small market capitalizations. The fund invests in companies that Fidelity Management & Research Company (FMR) believes have above-average growth potential (stocks of these companies are often called "growth" stocks). It invests in domestic and foreign issuers. The fund uses fundamental analysis of factors such as each issuer's financial condition and industry position, as well as market and economic conditions, to select investments.

Looking to diversify beyond FIDGX? The mutual funds below have the lowest correlation with FIDGX — 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 FIDGX.

Best Diversifiers for FIDGX

0 mutual funds have low correlation with FIDGX (below 0.3), 0 of which are negatively correlated. The least correlated is Fidelity Select Semiconductors Portfolio (FSELX) (Semiconductors) with a 1Y correlation of 0.71, roughly unchanged from 0.74 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
FSELX
Fidelity Select Semiconductors Portfolio0.710.690.74
96
Semiconductors, Technology EquitiesFIDGX vs FSELX
FTIHX
Fidelity Total International Index Fund0.740.700.73
66
Foreign Large Cap EquitiesFIDGX vs FTIHX
FBGRX
Fidelity Blue Chip Growth Fund0.740.740.82
68
Large Cap Growth EquitiesFIDGX vs FBGRX
FXAIX
Fidelity 500 Index Fund0.820.810.84
65
S&P 500FIDGX vs FXAIX
FNILX
Fidelity ZERO Large Cap Index Fund0.820.810.85
62
Large Cap Blend EquitiesFIDGX vs FNILX
See all 26 diversifiers for FIDGX

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