Looking to diversify beyond FIWCX? The mutual funds below have the lowest correlation with FIWCX — 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 FIWCX.
Best Diversifiers for FIWCX
0 mutual funds have low correlation with FIWCX (below 0.3), 0 of which are negatively correlated. The least correlated is Fidelity Select Semiconductors Portfolio (FSELX) (Semiconductors) with a 1Y correlation of 0.45, roughly unchanged from 0.52 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity Select Semiconductors Portfolio | 0.45 | 0.44 | 0.52 | 96 | Semiconductors, Technology Equities | FIWCX vs FSELX | |
| Fidelity Blue Chip Growth Fund | 0.52 | 0.49 | 0.56 | 73 | Large Cap Growth Equities | FIWCX vs FBGRX | |
| American Beacon Tocqueville International Value Fu... | 0.59 | 0.63 | 0.75 | 93 | Foreign Large Cap Equities | FIWCX vs TIVFX | |
| Kopernik International Fund | 0.61 | 0.53 | 0.63 | 54 | Foreign Large Cap Equities | FIWCX vs KGIIX | |
| Thornburg Global Opportunities Fund | 0.61 | 0.71 | 0.78 | 91 | Foreign Large Cap Equities | FIWCX vs THOIX |
See all 31 diversifiers for FIWCX
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