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Fidelity Advisor International Value Fund Class I (FIVQX) 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 FIVQX? The mutual funds below have the lowest correlation with FIVQX — 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 FIVQX.

Best Diversifiers for FIVQX

0 mutual funds have low correlation with FIVQX (below 0.3), 0 of which are negatively correlated. The least correlated is Fidelity Select Semiconductors Portfolio (FSELX) (Semiconductors) with a 1Y correlation of 0.49, roughly unchanged from 0.56 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
FSELX
Fidelity Select Semiconductors Portfolio0.490.500.56
97
Semiconductors, Technology EquitiesFIVQX vs FSELX
FBGRX
Fidelity Blue Chip Growth Fund0.560.570.61
75
Large Cap Growth EquitiesFIVQX vs FBGRX
KGIIX
Kopernik International Fund0.590.510.62
82
Foreign Large Cap EquitiesFIVQX vs KGIIX
THOIX
Thornburg Global Opportunities Fund0.620.730.80
94
Foreign Large Cap EquitiesFIVQX vs THOIX
TIVFX
American Beacon Tocqueville International Value Fu...0.640.700.79
93
Foreign Large Cap EquitiesFIVQX vs TIVFX
See all 26 diversifiers for FIVQX

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Diversification Analysis

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