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Fidelity International Growth Fund (FIGFX) Diversifiers

Mutual Fund · Currency in USD · Last updated Jul 14, 2026

The fund invests primarily in non-U.S. securities, including securities of issuers located in emerging markets. It invests primarily in common stocks. The fund invests in companies that Fidelity Management & Research Company LLC (FMR) believes have above-average growth potential (stocks of these companies are often called "growth" stocks). The advisor allocates investments across countries and regions. The advisor 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 FIGFX? The mutual funds below have the lowest correlation with FIGFX — 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 FIGFX.

Best Diversifiers for FIGFX

1 mutual funds have low correlation with FIGFX (below 0.3), 0 of which are negatively correlated. The least correlated is Fidelity Floating Rate High Income Fund (FFRHX) (Bank Loan) with a 1Y correlation of 0.17, down from 0.32 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
FFRHX
Fidelity Floating Rate High Income Fund0.170.250.32
93
Bank LoanFIGFX vs FFRHX
IVFIX
Federated Hermes International Strategic Value Div...0.380.450.59
63
Foreign Large Cap EquitiesFIGFX vs IVFIX
FJRLX
Fidelity Limited Term Bond Fund0.390.240.22
67
Total Bond MarketFIGFX vs FJRLX
PTSIX
PIMCO RAE PLUS International Fund0.490.500.55
83
Foreign Large Cap EquitiesFIGFX vs PTSIX
SAHMX
SA International Value Fund0.550.540.62
89
Foreign Large Cap EquitiesFIGFX vs SAHMX
See all 38 diversifiers for FIGFX

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Low-Correlation Stock Ideas

If you're looking for individual stocks that move independently from FIGFX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to FIGFX and solid risk/return profiles. The least correlated is Berkshire Hathaway Inc. (BRK-B) (Financial Services) with a 1Y correlation of 0.08, down from 0.42 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankSector
BRK-B
Berkshire Hathaway Inc.0.080.280.42
53
Financial Services

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