Looking to diversify beyond FPGLX? The mutual funds below have the lowest correlation with FPGLX — 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 FPGLX.
Best Diversifiers for FPGLX
0 mutual funds have low correlation with FPGLX (below 0.3), 0 of which are negatively correlated. The least correlated is Fidelity Select Semiconductors Portfolio (FSELX) (Semiconductors) with a 1Y correlation of 0.68, roughly unchanged from 0.70 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity Select Semiconductors Portfolio | 0.68 | 0.66 | 0.70 | 97 | Semiconductors, Technology Equities | FPGLX vs FSELX | |
| Fidelity Blue Chip Growth Fund | 0.78 | 0.75 | 0.79 | 75 | Large Cap Growth Equities | FPGLX vs FBGRX | |
| Dimensional Retirement Income Fund | 0.80 | 0.88 | 0.85 | 85 | Target Retirement Date | FPGLX vs TDIFX | |
| Dimensional 2060 Target Date Retirement Income Fun... | 0.85 | 0.88 | 0.91 | 86 | Target Retirement Date | FPGLX vs DRILX | |
| Dimensional 2065 Target Date Retirement Income Fun... | 0.85 | 0.87 | 0.90 | 86 | Target Retirement Date | FPGLX vs DTDRX |
See all 38 diversifiers for FPGLX
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