Looking to diversify beyond FIVLX? The mutual funds below have the lowest correlation with FIVLX — 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 FIVLX.
Best Diversifiers for FIVLX
1 mutual funds have low correlation with FIVLX (below 0.3), 0 of which are negatively correlated. The least correlated is Fidelity Conservative Income Bond Institutional Class (FCNVX) (Total Bond Market) with a 1Y correlation of 0.09, roughly unchanged from 0.01 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity Conservative Income Bond Institutional Cl... | 0.09 | 0.06 | 0.01 | 99 | Total Bond Market | FIVLX vs FCNVX | |
| Fidelity Limited Term Bond Fund | 0.38 | 0.26 | 0.18 | 55 | Total Bond Market | FIVLX vs FJRLX | |
| Baron Partners Fund | 0.40 | 0.46 | 0.51 | 52 | Large Cap Growth Equities | FIVLX vs BPTRX | |
| Fidelity New Markets Income Fund | 0.42 | 0.36 | 0.37 | 94 | Emerging Markets Bonds | FIVLX vs FNMIX | |
| Fidelity Select Biotechnology Portfolio | 0.45 | 0.46 | 0.46 | 88 | Health & Biotech Equities | FIVLX vs FBIOX |
See all 65 diversifiers for FIVLX
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