Looking to diversify beyond FIMVX? The mutual funds below have the lowest correlation with FIMVX — 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 FIMVX.
Best Diversifiers for FIMVX
0 mutual funds have low correlation with FIMVX (below 0.3), 0 of which are negatively correlated. The least correlated is Fidelity OTC Portfolio (FOCPX) (Large Cap Growth Equities) with a 1Y correlation of 0.49, down from 0.66 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity OTC Portfolio | 0.49 | 0.54 | 0.66 | 92 | Large Cap Growth Equities | FIMVX vs FOCPX | |
| Fidelity Select Semiconductors Portfolio | 0.50 | 0.53 | 0.62 | 96 | Semiconductors, Technology Equities | FIMVX vs FSELX | |
| Fidelity Blue Chip Growth Fund | 0.52 | 0.57 | 0.68 | 73 | Large Cap Growth Equities | FIMVX vs FBGRX | |
| Fidelity Emerging Markets K | 0.54 | 0.56 | 0.60 | 82 | Emerging Markets Equities | FIMVX vs FKEMX | |
| Fidelity Total International Index Fund | 0.72 | 0.71 | 0.75 | 62 | Foreign Large Cap Equities | FIMVX vs FTIHX |
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