Looking to diversify beyond FIQIX? The mutual funds below have the lowest correlation with FIQIX — 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 FIQIX.
Best Diversifiers for FIQIX
0 mutual funds have low correlation with FIQIX (below 0.3), 0 of which are negatively correlated. The least correlated is Fidelity Select Semiconductors Portfolio (FSELX) (Semiconductors) with a 1Y correlation of 0.54, roughly unchanged from 0.58 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity Select Semiconductors Portfolio | 0.54 | 0.51 | 0.58 | 96 | Semiconductors, Technology Equities | FIQIX vs FSELX | |
| Pear Tree Polaris International Opportunities Fund | 0.56 | 0.67 | 0.71 | 50 | Foreign Small & Mid Cap Equities | FIQIX vs QISIX | |
| Vanguard Strategic Small-Cap Equity Fund | 0.61 | 0.63 | 0.69 | 85 | Small Cap Blend Equities | FIQIX vs VSTCX | |
| Fidelity Blue Chip Growth Fund | 0.62 | 0.56 | 0.63 | 73 | Large Cap Growth Equities | FIQIX vs FBGRX | |
| Hood River International Opportunity Fund | 0.69 | 0.70 | — | 95 | Foreign Small & Mid Cap Equities | FIQIX vs HRIOX |
See all 25 diversifiers for FIQIX
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