Looking to diversify beyond FMPAX? The mutual funds below have the lowest correlation with FMPAX — 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 FMPAX.
Best Diversifiers for FMPAX
0 mutual funds have low correlation with FMPAX (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 0.53, down from 0.67 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity Blue Chip Growth Fund | 0.53 | 0.57 | 0.67 | 73 | Large Cap Growth Equities | FMPAX vs FBGRX | |
| Fidelity Select Semiconductors Portfolio | 0.54 | 0.55 | 0.62 | 96 | Semiconductors, Technology Equities | FMPAX vs FSELX | |
| Fidelity Total International Index Fund | 0.71 | 0.70 | 0.74 | 62 | Foreign Large Cap Equities | FMPAX vs FTIHX | |
| Fidelity ZERO Large Cap Index Fund | 0.72 | 0.74 | 0.81 | 63 | Large Cap Blend Equities | FMPAX vs FNILX | |
| Fidelity 500 Index Fund | 0.72 | 0.74 | 0.81 | 66 | S&P 500 | FMPAX vs FXAIX |
See all 30 diversifiers for FMPAX
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements FMPAX
Add FMPAX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with FMPAX