Looking to diversify beyond FIQLX? The mutual funds below have the lowest correlation with FIQLX — 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 FIQLX.
Best Diversifiers for FIQLX
0 mutual funds have low correlation with FIQLX (below 0.3), 0 of which are negatively correlated. The least correlated is Fidelity Select Semiconductors Portfolio (FSELX) (Semiconductors) with a 1Y correlation of 0.57, 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 | 0.57 | 0.53 | 0.58 | 97 | Semiconductors, Technology Equities | FIQLX vs FSELX | |
| Fidelity Blue Chip Growth Fund | 0.59 | 0.57 | 0.61 | 75 | Large Cap Growth Equities | FIQLX vs FBGRX | |
| Fidelity ZERO Total Market Index Fund | 0.66 | 0.64 | 0.66 | 72 | Large Cap Blend Equities | FIQLX vs FZROX | |
| Fidelity ZERO Large Cap Index Fund | 0.66 | 0.63 | 0.66 | 71 | Large Cap Blend Equities | FIQLX vs FNILX | |
| Fidelity Total Market Index Fund | 0.66 | 0.64 | 0.66 | 71 | Large Cap Blend Equities | FIQLX vs FSKAX |
See all 12 diversifiers for FIQLX
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