Looking to diversify beyond FNBCX? The mutual funds below have the lowest correlation with FNBCX — 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 FNBCX.
Best Diversifiers for FNBCX
7 mutual funds have low correlation with FNBCX (below 0.3), 0 of which are negatively correlated. The least correlated is Fidelity Select Semiconductors Portfolio (FSELX) (Semiconductors) with a 1Y correlation of 0.09, 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 | 0.09 | 0.05 | 0.08 | 96 | Semiconductors, Technology Equities | FNBCX vs FSELX | |
| Fidelity Blue Chip Growth Fund | 0.18 | 0.14 | 0.13 | 73 | Large Cap Growth Equities | FNBCX vs FBGRX | |
| Fidelity Total Market Index Fund | 0.27 | 0.19 | 0.17 | 65 | Large Cap Blend Equities | FNBCX vs FSKAX | |
| Fidelity ZERO Large Cap Index Fund | 0.29 | 0.19 | 0.17 | 63 | Large Cap Blend Equities | FNBCX vs FNILX | |
| Fidelity 500 Index Fund | 0.29 | 0.18 | 0.16 | 66 | S&P 500 | FNBCX vs FXAIX |
See all 17 diversifiers for FNBCX
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