Looking to diversify beyond FIFGX? The mutual funds below have the lowest correlation with FIFGX — 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 FIFGX.
Best Diversifiers for FIFGX
23 mutual funds have low correlation with FIFGX (below 0.3), 23 of which are negatively correlated. The least correlated is Fidelity SAI Municipal Income Fund (FSMNX) (Municipal Bonds) with a 1Y correlation of -0.28, down from -0.04 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity SAI Municipal Income Fund | -0.28 | -0.12 | -0.04 | 69 | Municipal Bonds | FIFGX vs FSMNX | |
| Fidelity Capital & Income Fund | -0.21 | 0.04 | 0.17 | 91 | High Yield Bonds | FIFGX vs FAGIX | |
| Fidelity Total Market Index Fund | -0.20 | 0.02 | 0.15 | 65 | Large Cap Blend Equities | FIFGX vs FSKAX | |
| Fidelity ZERO Total Market Index Fund | -0.20 | 0.03 | 0.15 | 66 | Large Cap Blend Equities | FIFGX vs FZROX | |
| Fidelity Blue Chip Growth Fund | -0.19 | 0.02 | 0.12 | 73 | Large Cap Growth Equities | FIFGX vs FBGRX |
See all 34 diversifiers for FIFGX
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Diversification Analysis
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