Looking to diversify beyond FMCEX? The mutual funds below have the lowest correlation with FMCEX — 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 FMCEX.
Best Diversifiers for FMCEX
0 mutual funds have low correlation with FMCEX (below 0.3), 0 of which are negatively correlated. The least correlated is Fidelity Blue Chip Growth Fund (FBGRX) (Large Cap Growth Equities) with a 1Y correlation of 0.61, down from 0.74 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity Blue Chip Growth Fund | 0.61 | 0.63 | 0.74 | 75 | Large Cap Growth Equities | FMCEX vs FBGRX | |
| Fidelity Select Semiconductors Portfolio | 0.62 | 0.59 | 0.66 | 97 | Semiconductors, Technology Equities | FMCEX vs FSELX | |
| Fidelity Total International Index Fund | 0.69 | 0.70 | 0.75 | 58 | Foreign Large Cap Equities | FMCEX vs FTIHX | |
| 13D Activist Fund | 0.76 | 0.83 | 0.88 | 61 | Mid Cap Blend Equities | FMCEX vs DDDIX | |
| Quantified Common Ground Fund | 0.76 | 0.83 | 0.82 | 61 | Mid Cap Blend Equities | FMCEX vs QCGDX |
See all 22 diversifiers for FMCEX
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