Looking to diversify beyond FMPOX? The mutual funds below have the lowest correlation with FMPOX — 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 FMPOX.
Best Diversifiers for FMPOX
0 mutual funds have low correlation with FMPOX (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 | FMPOX vs FBGRX | |
| Fidelity Select Semiconductors Portfolio | 0.54 | 0.55 | 0.62 | 96 | Semiconductors, Technology Equities | FMPOX vs FSELX | |
| Fidelity Total International Index Fund | 0.72 | 0.70 | 0.74 | 62 | Foreign Large Cap Equities | FMPOX vs FTIHX | |
| Fidelity ZERO Large Cap Index Fund | 0.72 | 0.74 | 0.81 | 63 | Large Cap Blend Equities | FMPOX vs FNILX | |
| Fidelity 500 Index Fund | 0.72 | 0.75 | 0.81 | 66 | S&P 500 | FMPOX vs FXAIX |
See all 27 diversifiers for FMPOX
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