Looking to diversify beyond FIFVX? The mutual funds below have the lowest correlation with FIFVX — 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 FIFVX.
Best Diversifiers for FIFVX
0 mutual funds have low correlation with FIFVX (below 0.3), 0 of which are negatively correlated. The least correlated is Baron Partners Fund (BPTRX) (Large Cap Growth Equities) with a 1Y correlation of 0.57, down from 0.71 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Baron Partners Fund | 0.57 | 0.64 | 0.71 | 75 | Large Cap Growth Equities | FIFVX vs BPTRX | |
| Fidelity Select Semiconductors Portfolio | 0.69 | 0.77 | 0.81 | 92 | Semiconductors, Technology Equities | FIFVX vs FSELX | |
| ICON Equity Fund | 0.70 | 0.68 | 0.78 | 76 | Large Cap Growth Equities | FIFVX vs IOLZX | |
| Davis New York Venture Fund Class Y | 0.71 | 0.76 | 0.82 | 81 | Large Cap Growth Equities | FIFVX vs DNVYX | |
| Adams Diversified Equity Fund, Inc. | 0.72 | 0.79 | 0.86 | 82 | Large Cap Blend Equities | FIFVX vs ADX |
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