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Fidelity Advisor International Small Cap Opportunities Fund Class I (FOPIX) Diversifiers

Mutual Fund · Currency in USD · Last updated Aug 4, 2026
Documentation

The fund invests primarily in non-U.S. securities, including securities of issuers located in emerging markets. The fund invests at least 80% of assets in securities of companies with small market capitalizations. It invests primarily in common stocks. The advisor allocates investments across different countries and regions. The advisor uses fundamental analysis of factors such as each issuer's financial condition and industry position, as well as market and economic conditions, to select investments.

Looking to diversify beyond FOPIX? The mutual funds below have historically moved differently from FOPIX, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.

Best Diversifiers for FOPIX

0 mutual funds have low correlation with FOPIX (below 0.3), 0 of which are negatively correlated. The least correlated is Pear Tree Polaris International Opportunities Fund (QISIX) (Foreign Small & Mid Cap Equities) with a 1Y correlation of 0.52, down from 0.68 over 5 years.

How candidates are selected
SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
QISIX
Pear Tree Polaris International Opportunities Fund0.520.630.68
53
Foreign Small & Mid Cap EquitiesFOPIX vs QISIX
FSELX
Fidelity Select Semiconductors Portfolio0.540.510.59
80
Semiconductors, Technology EquitiesFOPIX vs FSELX
YASLX
AMG Yacktman Special Opportunities Fund0.550.580.65
50
Foreign Small & Mid Cap EquitiesFOPIX vs YASLX
KGGIX
Kopernik Global All-Cap Fund0.580.510.57
61
Foreign Small & Mid Cap EquitiesFOPIX vs KGGIX
KGGAX
Kopernik Global All-Cap Fund Class A0.580.510.57
60
Foreign Small & Mid Cap EquitiesFOPIX vs KGGAX
See all 18 diversifiers for FOPIX

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