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Fidelity International Value Fund (FIVLX) Diversifiers

Mutual Fund · Currency in USD · Last updated Jun 3, 2026

The fund invests primarily in non-U.S. securities, including securities of issuers located in emerging markets. It invests primarily in common stocks. The fund invests in securities of companies that Fidelity Management & Research Company LLC (FMR) believes are undervalued in the marketplace in relation to factors such as assets, sales, earnings, growth potential, or cash flow, or in relation to securities of other companies in the same industry (stocks of these companies are often called "value" stocks). The advisor allocates investments across different countries and regions.

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 0.05, roughly unchanged from 0.01 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
FCNVX
Fidelity Conservative Income Bond Institutional Cl...0.050.050.01
99
Total Bond MarketFIVLX vs FCNVX
FJRLX
Fidelity Limited Term Bond Fund0.350.250.18
63
Total Bond MarketFIVLX vs FJRLX
FLCCX
Fidelity Advisor Large Cap Fund Class C0.360.610.72
60
Large Cap Value EquitiesFIVLX vs FLCCX
FNMIX
Fidelity New Markets Income Fund0.380.350.36
93
Emerging Markets BondsFIVLX vs FNMIX
FSPTX
Fidelity Select Technology Portfolio0.450.500.57
93
Technology EquitiesFIVLX vs FSPTX
See all 59 diversifiers for FIVLX

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Low-Correlation Stock Ideas

If you're looking for individual stocks that move independently from FIVLX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to FIVLX and solid risk/return profiles. The least correlated is SoFi Technologies, Inc. (SOFI) (Financial Services) with a 1Y correlation of 0.36, roughly unchanged from 0.42 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankSector
SOFI
SoFi Technologies, Inc.0.360.420.42
55
Financial Services

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