Looking to diversify beyond FKICX? The mutual funds below have the lowest correlation with FKICX — 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 FKICX.
Best Diversifiers for FKICX
0 mutual funds have low correlation with FKICX (below 0.3), 0 of which are negatively correlated. The least correlated is Fidelity Select Semiconductors Portfolio (FSELX) (Semiconductors) with a 1Y correlation of 0.58, roughly unchanged from 0.66 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity Select Semiconductors Portfolio | 0.58 | 0.58 | 0.66 | 96 | Semiconductors, Technology Equities | FKICX vs FSELX | |
| Fidelity Blue Chip Growth Fund | 0.60 | 0.63 | 0.74 | 73 | Large Cap Growth Equities | FKICX vs FBGRX | |
| Fidelity Total International Index Fund | 0.71 | 0.69 | 0.73 | 62 | Foreign Large Cap Equities | FKICX vs FTIHX | |
| Auer Growth Fund | 0.72 | 0.78 | 0.81 | 83 | Small Cap Blend Equities | FKICX vs AUERX | |
| Fidelity 500 Index Fund | 0.77 | 0.76 | 0.82 | 66 | S&P 500 | FKICX vs FXAIX |
See all 35 diversifiers for FKICX
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