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Fidelity Advisor Founders Fund Class C (FIFQX) Diversifiers

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

The investment seeks capital appreciation. The fund normally invests primarily in equity securities of founder-involved companies. Founder-involved companies are those for which, at the time of the fund's initial purchase, a founder is a member of the senior management team or the company's board of directors. The fund uses quantitative analysis to evaluate growth potential, valuation, liquidity, and investment risk, along with fundamental analysis of factors such as each issuer's financial condition, its industry position, and market and economic conditions to select investments.

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

Best Diversifiers for FIFQX

0 mutual funds have low correlation with FIFQX (below 0.3), 0 of which are negatively correlated. The least correlated is Fidelity Select Semiconductors Portfolio (FSELX) (Semiconductors) with a 1Y correlation of 0.68, down from 0.81 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
FSELX
Fidelity Select Semiconductors Portfolio0.680.770.81
96
Semiconductors, Technology EquitiesFIFQX vs FSELX
IOLZX
ICON Equity Fund0.690.670.78
85
Large Cap Growth EquitiesFIFQX vs IOLZX
ONERX
One Rock Fund0.770.860.87
89
Large Cap Growth EquitiesFIFQX vs ONERX
FTIHX
Fidelity Total International Index Fund0.780.710.76
66
Foreign Large Cap EquitiesFIFQX vs FTIHX
FZILX
Fidelity ZERO International Index Fund0.780.710.76
70
Foreign Large Cap EquitiesFIFQX vs FZILX
See all 22 diversifiers for FIFQX

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