Looking to diversify beyond FIQFX? The mutual funds below have historically moved differently from FIQFX, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for FIQFX
0 mutual funds have low correlation with FIQFX (below 0.3), 0 of which are negatively correlated. The least correlated is Morgan Stanley China A Share Fund (CAF) (China Equities) with a 1Y correlation of 0.60, roughly unchanged from 0.67 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Morgan Stanley China A Share Fund | 0.60 | 0.60 | 0.67 | 73 | China Equities, Asia Pacific Equities | FIQFX vs CAF | |
| Fidelity International Index Fund | 0.65 | 0.62 | 0.64 | 64 | Foreign Large Cap Equities | FIQFX vs FSPSX | |
| Fidelity 500 Index Fund | 0.71 | 0.59 | 0.56 | 59 | S&P 500 | FIQFX vs FXAIX | |
| T. Rowe Price China Evolution Equity Fund | 0.71 | 0.73 | 0.79 | 71 | China Equities, Asia Pacific Equities | FIQFX vs TRCLX | |
| Fidelity ZERO Total Market Index Fund | 0.71 | 0.59 | 0.57 | 59 | Large Cap Blend Equities | FIQFX vs FZROX |
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