Looking to diversify beyond FLUVX? The mutual funds below have the lowest correlation with FLUVX — 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 FLUVX.
Best Diversifiers for FLUVX
13 mutual funds have low correlation with FLUVX (below 0.3), 0 of which are negatively correlated. The least correlated is Fidelity Select Semiconductors Portfolio (FSELX) (Semiconductors) with a 1Y correlation of 0.10, roughly unchanged from 0.08 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity Select Semiconductors Portfolio | 0.10 | 0.06 | 0.08 | 94 | Semiconductors, Technology Equities | FLUVX vs FSELX | |
| Fidelity Blue Chip Growth Fund | 0.18 | 0.11 | 0.11 | 63 | Large Cap Growth Equities | FLUVX vs FBGRX | |
| DFA Short Term Municipal Bond Portfolio | 0.21 | 0.28 | 0.37 | 100 | Municipal Bonds | FLUVX vs DFSMX | |
| Fidelity ZERO Total Market Index Fund | 0.21 | 0.17 | 0.14 | 62 | Large Cap Blend Equities | FLUVX vs FZROX | |
| Fidelity ZERO Large Cap Index Fund | 0.21 | 0.17 | 0.14 | 56 | Large Cap Blend Equities | FLUVX vs FNILX |
See all 24 diversifiers for FLUVX
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