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Fidelity Advisor Mid Cap II Fund Class A (FIIAX) Diversifiers

Mutual Fund · Currency in USD · Last updated Jun 23, 2026

The investment seeks long-term growth of capital. The fund normally invests at least 80% of assets in securities of companies with medium market capitalizations (which, for purposes of this fund, are those companies with market capitalizations similar to companies in the Russell Midcap Index or the S&P MidCap 400 Index). It invests primarily in common stocks. The fund potentially invests in companies with smaller or larger market capitalizations. It invests in domestic and foreign issuers. The fund invests in either "growth" stocks or "value" stocks or both.

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

Best Diversifiers for FIIAX

0 mutual funds have low correlation with FIIAX (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, roughly unchanged from 0.71 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
FSELX
Fidelity Select Semiconductors Portfolio0.680.670.71
96
Semiconductors, Technology EquitiesFIIAX vs FSELX
FBGRX
Fidelity Blue Chip Growth Fund0.690.690.77
73
Large Cap Growth EquitiesFIIAX vs FBGRX
DDDIX
13D Activist Fund0.690.790.85
68
Mid Cap Blend EquitiesFIIAX vs DDDIX
VNVYX
Natixis Funds Trust II Vaughan Nelson Mid Cap Fund0.710.750.84
80
Mid Cap Blend EquitiesFIIAX vs VNVYX
JECIX
John Hancock Variable Insurance Trust Mid Cap Inde...0.720.830.90
68
Mid Cap Blend EquitiesFIIAX vs JECIX
See all 44 diversifiers for FIIAX

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Diversification Analysis

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