Looking to diversify beyond FIWGX? The mutual funds below have the lowest correlation with FIWGX — 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 FIWGX.
Best Diversifiers for FIWGX
14 mutual funds have low correlation with FIWGX (below 0.3), 1 of which are negatively correlated. The least correlated is Fidelity SAI Inflation-Focused (FIFGX) (Commodities) with a 1Y correlation of -0.32, down from -0.04 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity SAI Inflation-Focused | -0.32 | -0.14 | -0.04 | 54 | Commodities | FIWGX vs FIFGX | |
| Fidelity Select Semiconductors Portfolio | 0.07 | 0.08 | 0.09 | 92 | Semiconductors, Technology Equities | FIWGX vs FSELX | |
| Fidelity Blue Chip Growth Fund | 0.20 | 0.15 | 0.13 | 61 | Large Cap Growth Equities | FIWGX vs FBGRX | |
| Fidelity SAI Emerging Markets Index Fund | 0.20 | 0.15 | 0.12 | 74 | Emerging Markets Diversified | FIWGX vs FERGX | |
| Fidelity Flex Conservative Income Bond Fund | 0.22 | 0.28 | 0.29 | 99 | Total Bond Market | FIWGX vs FJTDX |
See all 27 diversifiers for FIWGX
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