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
22 mutual funds have low correlation with FIFGX (below 0.3), 22 of which are negatively correlated. The least correlated is Fidelity SAI Municipal Income Fund (FSMNX) (Municipal Bonds) with a 1Y correlation of -0.26, 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 | -0.26 | -0.12 | -0.04 | 72 | Municipal Bonds | FIFGX vs FSMNX | |
| LSV Small Cap Value Fund | -0.18 | 0.05 | 0.18 | 63 | Small Cap Value Equities | FIFGX vs LSVQX | |
| Fidelity ZERO Total Market Index Fund | -0.17 | 0.03 | 0.15 | 65 | Large Cap Blend Equities | FIFGX vs FZROX | |
| Fidelity Small Cap Index Fund | -0.17 | 0.04 | 0.15 | 69 | Small Cap Blend Equities | FIFGX vs FSSNX | |
| Fidelity Total Market Index Fund | -0.17 | 0.02 | 0.14 | 64 | Large Cap Blend Equities | FIFGX vs FSKAX |
See all 44 diversifiers for FIFGX
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Diversification Analysis
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